Carolina Small Business Development Fund | The Economic Impact of Assisting Small Firms

This version of our lending impact assessment is the fifth published since 2019, and the second since CSBDF published its 3-year strategic plan. As part of that plan, we reaffirmed our goal to elevate CSBDF specifically, and CDFIs more broadly, in community economic development policy dialogues. This analysis reports on the impacts of 95 loan transactions and 570 grant awards closed between July 1, 2022, and June 30, 2023, to illustrate the impacts that small business loans and grants can have on economic recovery following crises.