Opportunity Fund: Invest to Flourish
#SFSBW2017 asked some of our resources to share insights, best practices, and examples of how they help small business owners flourish. Today we hear from Opportunity Fund.
Opportunity Fund is California’s largest and fastest-growing nonprofit lender to small businesses, invests in small business owners who do not have access to traditional financing, and aims to help owners financially succeed.
Elyse Thogerson of RAW in San Francisco. Read Elyse’s Opportunity Fund success story here.
Our goal is to reach more underserved businesses by integrating technology and community- based lending to provide a seamless customer experience that provides funding quickly to borrowers who currently aren’t being served by big banks or other financial institutions. With access to affordable working capital, as well as expert advice and support, we can make dreams of a better life come true for thousands of small business owners.
We’re also a founding member and signatory to the Small Business Borrower’s Bill of Rights, which guarantees fundamental financing rights for small business borrowers from organizations that support the BBOR.
Our small business blog contains informative articles featuring free and low-cost tools for small business owners, small business events around California and online webinars, small business financing advice from subject matter experts, and more—completely free and available in English and Spanish.
We developed an online business loan calculator to help prospective borrowers considering a small business loan calculate their likely monthly payment based on monthly terms, APR, interest rate, and other key lending terms.
Although our organization lends to established businesses with at least one year in operation, the resources we share on our blog are helpful for small business owners in any stage of their business growth, from startup and beyond.
Our easy-to-get and affordable small business long-term loans provide capital to business owners when they need it, helping them to keep their businesses going right where they started. We are a responsible lender whose mission it is for small business owners to succeed.
Our business development officer Adriana Williams says, “Change is constant. For a business to flourish and grow, you must invest in it.”