A Triple Bottom Line Approach
NCIFund lends and provides business advisory services to businesses and non-profits located in underserved rural and urban communities. We specialize in triple-bottom-line enterprises—those that address the "3 E's":Economy: Generates a viable financial return, either by maintaining or creating profits, return on investment, or a tangible asset.
Equity: Provides an opportunity for disadvantaged groups to access information, financial resources, vital community services, or livelihoods/employment.
Ecology: Benefits or lessens impact on the natural world by improving stewardship of natural resources, or reducing energy use, waste, pollution, or materials use.
We Lend
NCIFund lends to businesses, agricultural enterprises, and non-profits so they can grow, create jobs, and contribute to environmental and human health in underserved communities. We're a U.S. Treasury certified Community Development Financial Institution (CDFI) affiliated with The Conservation Fund. CDFIs provide access to capital in underserved communities to borrowers and projects who cannot meet the credit standards of traditional financial institutions because of perceived risks: they're too young, undercapitalized, or in an unfamiliar industry or geography. As a non-regulated financial institution, we can be more flexible in structuring our financing. Our external investment committees help us underwrite carefully, and we use a range of credit enhancement programs to make good loans. We Provide Business Advisory Services
NCIFund recognizes that small enterprises often need more than just capital to grow. That’s why we provide our customers with business advisory services so they can make the best use of loans they receive from us (or other lenders). Since inception, NCIFund has provided over 27,500 hours of advisory services to over 2,400 companies.NCIFund’s strategic initiatives combine lending with targeted business advisory services, partnerships, and grant funding to provide specialized help to particular regions or borrowers, so they can overcome barriers to growing responsible businesses and creating jobs.
NCIFund takes an entrepreneurial, creative approach to sustainability that begins with the environment but also looks beyond that to examine how we can support people, communities and local economies.”
- Gat Caperton, Owner, Caperton Furniture Works; Chair, NCIF Board of Directors