City of Vancouver seeks partner to launch and administer new revolving loan fund

The city of Vancouver is launching a new Revolving Loan Fund to expand access to capital for small businesses unable to secure traditional financing. With $1.2 million from ARPA and a focus on underserved communities, the city seeks a nonprofit CDFI partner to administer and grow the fund. Proposals are due Dec. 10. https://clarkcountytoday.com/news/city-of-vancouver-seeks-partner-to-launch-and-administer-new-revolving-loan-fund/ #Vancouver #EconomicDevelopment #SmallBusiness #CDFI #ARPA #FourthPlain #Entrepreneurship #Funding #BusinessFinance #Washington