Business, Legal & Accounting Glossary
A private financial institution whose target market is businesses or individuals in developing communities. Community development financial institutions provide loans and financing to existing businesses or individuals often ignored by commercial banks because of their credit rating. Government funds, as well as those from the private sector are used to provide the capital.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Community Development Financial Institutions are sourced/syndicated and enhanced from:
This glossary post was last updated: 21st November, 2021 | 0 Views.