Authors

Eric Hangen

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

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.

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