CL Fund is an economic development lender providing much-needed capital and technical assistance to increase employment and expand economic opportunity across 15 counties in western Pennsylvania (for more details, click here). For nearly 17 years, CL Fund has provided alternative financing to start-ups and other small businesses looking to grow beyond their collateral base. As a community development financial institution (CDFI), we fill a gap in the traditional lending market to provide essential, affordable financial services and products often unavailable by banks. Our diverse Boards of Directors include representatives of CL Fund's investors, business advisors, and the community. CL Fund is certified as a Community Development Financial Institution (CDFI) by the U.S. Treasury Department. *************************************************** Focus on growing businesses We have three main loan products geared toward different levels of business growth: Entrepreneur, Growth Capital and the 504 loan. Check out our Products section for more information. We also provide loans for green companies pursuing LEED certification, alternative education providers, and nonprofits. For details regarding these loans, give us call at 412.201.2450. Started in 1990 as a housing and social service lender, CL Fund broadened its economic impact on the region by adding small business lending in 1994. Throughout our history, we have applied a blend of entrepreneurial vision, community knowledge and operational expertise to strengthen and help reinvent the employment base of local communities. We realize the importance of advancing promising entrepreneurs and job creation to build wealth and expand growth across low- and average-income communities. |
