small business loan mission sf Archives

MEDA Pivots to Rapidly Deploy $4.3 Million in Paycheck Protection Program Loans for Bay Area Small Businesses in Need

by Fondo Adelante Small Business Loan Officer Pablo Solares The Paycheck Protection Program (PPP) was much applauded — and even more needed — when passed by the U.S. Congress at the beginning of the COVID-19 crisis. This monumental legislation sought to economically support small ventures which had suddenly lost business due to the public health…

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Innovations in Lending: How Three CDFIs Are Deepening Their Commitment to Latino Entrepreneurs

Co-authored by: Chief Credit Officer Nelly Rojas-Moreno, LiftFund Chief Credit Officer and Head of Small Business Programs Oswaldo Acosta, Latino Economic Development Center Director of Fondo Adelante, Nathanial Owen, MEDA Lending to Latino entrepreneurs is a strong business model for any CDFI. That is the fundamental message being put forth by a trio of nonprofit…

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Fondo Adelante Receives $300,000 CDFI Financial Assistance Award

Christopher Gil Associate Director of Marketing and Communications Mission Economic Development Agency (MEDA) (415) 282-3334 ext. 152 FOR IMMEDIATE RELEASE September 19, 2018 Fondo Adelante Receives $300,000 CDFI Financial Assistance Award Will strengthen sustainability of MEDA’s San Francisco Bay Area community loan arm San Francisco — The nonprofit Mission Economic Development Agency (MEDA) has announced…

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