One of the most effective tools in disaster recovery is Economic Development Funders – including nonprofit business lenders like LiftFund. These mission-driven lenders specialize in reaching the underserved, providing flexible, affordable financing when traditional banks cannot, ensuring that small businesses can rebuild and thrive.
Economic Development Funders are uniquely positioned to bridge the gap between government aid and private philanthropy. Yet, they often operate on shoestring budgets, with limited resources to scale their impact.
As fires continue to burn in Los Angeles, we face a choice: Will we invest in equitable recovery efforts or allow the ashes to settle on communities left behind?
Read the full story at Negocios Now from LiftFund board member Ramiro A. Cavazos, President & CEO of the United States Hispanic Chamber of Commerce.
And learn how you can become a supporter to help small businesses in crisis.
