Category: Uncategorized
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Celebrating Black Entrepreneurs: 6 Stories of Resilience and Impact
Black History Month is a time to honor the profound contributions of Black individuals to our society. Throughout history Black entrepreneurs have demonstrated remarkable resilience and innovation, driving economic growth and fostering community development. However, disparities persist. In 2022, Black-owned businesses constituted about 3% of U.S. firms, with over 194,000 enterprises employing 1.6 million people…
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CNote’s Disaster Resilience and Recovery Program: Supporting Underserved Communities in Times of Need
Natural disasters strike without warning, leaving a trail of destruction in their wake. In the United States, the frequency and intensity of natural disasters have been steadily increasing, affecting millions of individuals and communities each year. These events disproportionately impact underserved communities, as they often lack the resources and financial stability to prepare for and…
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Supporting Small Businesses:The Critical Role of Community Banking
Small businesses are the lifeblood of local economies, driving innovation, creating jobs, and building community identity. However, they often face significant challenges—chief among them is access to affordable financing (source: sba.gov). This is where community banks step in, playing a critical role in helping small businesses thrive, fostering local economic growth, and building resilience. Small…
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Measuring Impact in Community Finance: The Cooperative Fund of the Northeast’s Innovative Technical Assistance Approach
By Tamra Thetford, VP of Impact Evaluation CNote engages with CDFI Loan Funds in impact diligence as part of CNote’s fixed income investment underwriting process. The impact diligence process allows CNote to learn about loan funds’ impact measurement and management practices. The following highlights the work the Cooperative Fund of the Northeast (CFNE) has done…
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What is a CDFI? – Community Development Financial Institutions Explained
Community Development Financial Institutions, more commonly referred to as CDFIs, are private sector, primarily nonprofit, financial institutions that provide loans and other financial resources to communities that are often underserved by traditional financial institutions. CDFIs are federally certified entities. That certification comes from the CDFI Fund, an agency within the U.S. Department of Treasury, which explains that “certification is…
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Impact Cash® Is Now Open to Individual Clients
CNote Expands Access to Impact Investing CNote is proud to announce that Impact Cash®, one of our most impactful and flexible financial solutions, is now available to Individual Investors.
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Key Takeaways from AFP 2024: Treasury Trends and Decarbonizing Cash
Last week, the national AFP 2024 conference wrapped up, bringing together the brightest minds in corporate finance and treasury. CNote was proud to participate, hosting a pivotal presentation alongside Xylem and Block titled “Decarbonizing Cash: Treasurers are Key in Cutting Climate Emissions. During this session, CNote’s CEO, Cat Berman, moderated a discussion on the role…
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Empowering Communities to Rebuild: CNote’s Disaster Recovery and Resilience Program
CNote’s Disaster Recovery and Resilience Program aims to bridge that gap, providing support through loans and insured deposits to community financial institutions that help these communities rebuild and prepare for future challenges.
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Election Season Playbook: How Corporate Treasurers Can Manage Uncertainty
As the U.S. approaches another election cycle, corporate treasurers are prepared for a period marked by heightened uncertainty and cautious decision-making. Election periods often bring the potential for significant policy shifts, market volatility, and broader economic disruptions, making it crucial for treasurers to adopt a proactive approach to managing financial risks. A Time of Pause…
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Unlocking Investor Contribution: How CDFIs Can Enhance Impact Through Capital Deployment
The CDFI industry has grown significantly in the past decade, in both the number of CDFIs and the capital providers helping supply the industry with crucial lending capital. For CDFIs and capital providers, scarce resources require them to consider investment decisions carefully. Determining investor contribution can help CDFIs and capital providers target their capital most…