I support development and growth of small business

Stephanie Steward-Young

Fifth Third Bank

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COVID Response - A Small Business Lifeline

ECDI scaled to reach 300% of capacity in three months. From April-June, people of color were 70% of entrepreneurs served and 51% were women, reflecting the vulnerability of minority- and female-owned small businesses.

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Need Assistance? Training and Consulting are Available

Individualized technical assistance and consulting are available to all loan customers via phone or video conferencing to help develop recovery or pivot plans, in addition to legal, accounting and other specialized needs.

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State of Ohio Creates Once-In-a-Lifetime Loan Fund

The State of Ohio designated $10 million for a loan fund, focusing on female, minority and disadvantaged entrepreneurs, to help assure that every small business owner has access to capital needed for COVID recovery.

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FOOD-AND-DRINK BUSINESS MENTORS

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ECDI's COVID Response one-sheet

ECDI is one of the top U.S. SBA intermediary microlenders with a mission to invest in people to create measurable and enduring social and economic change. ECDI provides responsible, affordable lending and comprehensive small business development services to help underbanked people and communities join the economic mainstream. ECDI’s target population includes low-moderate income individuals, minorities, women, immigrants, and refugees, and those otherwise precluded from funding from a traditional financial institution.

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