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Revolving Loan Fund Capacity Building
The City of Vancouver is seeking proposals from qualified nonprofit community-based organizations to support the development and long-term management of a Revolving Loan Fund aimed at expanding access to capital for small businesses, particularly those in underserved communities. The selected organization will collaborate with Business Impact Northwest, the City’s contracted Community Development Financial Institution partner, to promote the fund, identify eligible loan recipients, and provide technical assistance to small businesses. A central goal of this initiative is to build the selected organization’s internal capacity to become a certified Community Development Financial Institution and eventually assume full responsibility for administering the loan fund. The project includes outreach, intake, loan readiness support, and ongoing technical assistance, as well as developing governance, financial systems, and compliance infrastructure. This initiative aligns with the City’s broader economic development strategy and aims to foster equitable access to financing and sustainable business growth.
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# of RFPs: 19
# of RFPs: 19
# of RFPs: 19
# of RFPs: 19

