NDC Multicultural Lending
Helping Minority Businesses Gain Access to Capital
NDC Multicultural Lending (MCL), established in 2016, is an innovative financial tool designed to meet the needs of women and minority-owned small businesses. With more flexible terms than traditional SBA loans, this loan fund provides neighborhood businesses with the capital they need to grow and expand. Qualified business owners eligible for character loans receive personalized pre- and post-loan guidance.
MCL is a three part program offering applicants:
→ pre-loan counseling, mentoring, training, and coaching;
→ properly structured financing designed to meet the needs and capacity of the businesses; and,
→ post-loan counseling and technical assistance.