Under Threat, CDFIs Provide Vital Financial Support For Small Business Owners

Community Development Financial Institutions (CDFIs) play a critical role in filling gaps left by conventional banks, particularly in rural, tribal, and historically underbanked communities — many of the same places Local First focuses its work. When CDFIs are supported, small businesses can launch, grow and serve their communities. When they’re under threat, the ripple effects are immediate — and deeply personal.

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Expanding Access to Capital: Fueling the Growth of Arizona’s Small Businesses

At Local First, we’ve always believed that the success of locally owned businesses creates a strong and thriving Arizona economy. But one of the biggest challenges for local entrepreneurs has long been access to capital — especially in Arizona, where community banking resources are limited. That’s why we’ve made it our mission to break down financial barriers and build new pathways for funding that empower business owners to grow, hire and create a lasting impact on Arizona’s communities.

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