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Minority Owned Business Loans

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Minority Owned Business Loans Powered By Docstoc
					A Community Development Financial Institution
             Mission
Provide business assistance and
financing to micro and small
businesses in distressed communities
and targeted women and minority
owned businesses that:

 Create livable-wage jobs
 Develop life-long, transferable skills
 Create opportunity for entrepreneurs
             Organizational Chart
     Community Capital Development

                      SEDA

                  Administration

      SBAC                          SEDF
Training                            Financing
Education
                                    Lending
Bus. Counseling
               Organizational Chart
      Seattle Business Assistance Center
           (Business Counseling & Training)
                       SBAC

                    Chief of Staff


North        King           South        Minority
West         County         Sound        Business
Women’s      Women’s        Women’s      Enterprise
Business     Business       Business     Center
Center       Center         Center
               Organizational Chart
         Seattle Economic Development Fund
          (Micro and Small Business Lending)
                       SEDF

                   Chief of Staff


SBA          Direct       SBA 7A        USDA
Micro        Loan         Loan          Loan
Loans        Program      Program       Program
< $35K       < $100M      < $250M       < $250M
23 Counties State-wide    State-wide    6 Counties
          Organizational Chart
Seattle Economic Development Association

                 SEDA

             Administration

   Fund-raising
   Accounting
   Reporting
   Board Management
The Key




to CCD’s success . . .
                           Keys
• Organizational
     Structure
• Board Involvement
• Quality Training
• Quality Underwriting
• Financial Partnerships
• Successful Track
     Record
              Number of Businesses Assisted
3000

                                                                                   2,556

                                                                           2,094
                                                                   1,961
2000

                                                           1,600
                                                   1,500
                                           1,200
                                   1,000
1000

                            600
       365           385
              262

  0
       1998   1999   2000   2001   2002    2003    2004    2005    2006    2007    2008

                            Total: 13,500+
             Number of Jobs Created & Sustained
400
                                                                            366
350

300
                                                                     290
                           260
250
                                  203    205    197    200
200          184

150                 132
                                                              123
100
      59
50

 0
      1998   1999   2000   2001   2002   2003   2004   2005   2006   2007   2008

                           Total: 2,220+
                    Number of Loans Made
80
                                                                           76
                                                      71            73

     62
60                                                           56
                                               51
                                        48
                          39
40
            32
                   27            27

20




0
     1998   1999   2000   2001   2002   2003   2004   2005   2006   2007   2008

                          Total: 560+
              Dollar Amount of Loans [in millions]
5.00
                                                                          4.5mm

4.00

                                                                                  3.2mm
                                                           3 mm
3.00
                                                    2.5mm
       1.9mm                 1.9mm          1.8mm                  1.9mm
2.00

                   1.2mm
                                    1.1mm
1.00
              0.9mm



0.00

       1998    1999   2000   2001    2002    2003   2004    2005   2006    2007   2008
                             Total: $25MM+

				
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