Community Economic Development Fund (CEDF)

Community Economic Development Fund (CEDF) is a non-profit lender based in Connecticut, founded in 1994. The organization serves as a lifeline for small businesses that struggle to secure traditional commercial bank funding. CEDF's mission is to uplift communities and entrepreneurs through the provision of loans, education, and guidance. As Connecticut's top SBA Microlender, CEDF offers business term loans, lines of credit, and commercial mortgages at very nominal interest rates, drawing capital from leading state banks.

One of CEDF's distinguishing features is its personalized approach, as each borrower is paired with a dedicated business advisor who provides ongoing support and guidance. In addition to lending, CEDF offers educational programs and resources designed to equip new and existing small business owners with the skills for success. Furthermore, the organization extends its impact by providing grants for community-based economic development projects, contributing to the stabilization and enhancement of neighborhoods.

Overall, CEDF's multifaceted strategy, encompassing lending, education, and community development grants, positions it as a pivotal player in fostering economic growth and empowerment in Connecticut.