Rfqual/Rfp For A Community Development Financial Institution (CDFI) Administration Of The Revolving Loan Fund In The City Of San Pablo
Background The City of San Pablo is seeking qualified Community Development Financial Institutions (CDFIs) to administer its Business Revolving Loan Fund (RLF). This initiative aims to provide sustainable access to capital for small businesses in San Pablo, particularly those unable to secure traditional financing.
The RLF will be funded annually through Community Benefit contribution…
Administer the City’s Business Revolving Loan Fund (RLF). The RLF will be capitalized for no less than five (5) years, funded annually through Community Benefit contributions generated from retail cannabis sales (Approximately $50,000-$75,000 per year). The purpose of the RLF is to be a sustaina…
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