Abstract
In this perspectives brief, author Eric Hangen examines two nonprofit “alternative business financiers”-- Vested for Growth and the Local Enterprise Assistance Fund -- who have been broadening the financing options available for community-based businesses. Early results from both initiatives suggest that both the borrowing businesses and community lenders can succeed with these financing strategies: businesses are getting flexible financing while maintaining control of the company, and community lenders are earning returns that help to sustain their operations.
Publication Date
Fall 10-31-2017
Series
Carsey Perspectives No. 9
Publisher
Durham, N.H. : Carsey School of Public Policy, University of New Hampshire
Document Type
Article
Recommended Citation
Hangen, Eric, "Carsey Perspectives: Innovative Financing for Community Businesses" (2017). Carsey School of Public Policy. 320.
https://scholars.unh.edu/carsey/320
Rights
Copyright 2017. Carsey School of Public Policy. These materials may be used for the purposes of research, teaching, and private study. For all other uses, contact the copyright holder.
DOI
https://dx.doi.org/10.34051/p/2020.309