Lending
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Check out the latest edition of our Small Business News packed full of resources for entrepreneurs, those looking to own their own business, and small business managers.
In this issue:
- New business owner learns from Center’s Childcare Accelerator Award Program: Montana took over a day care in February 2023 after working there for more than three years. When her boss offered to sell her the business, she was able to buy it with financing assistance from the Center for Rural Affairs.
- Separating personal and business finances: Whether you’re brand new or have been operating for years, here’s why financial separation matters and how to make it happen.
- Understanding Profit and Loss statements: As small business owners, it’s easy to get caught up in the day-to-day. One tool to step back and see beyond the daily demands is a profit and loss statement, sometimes referred to as a P&L.
- Center for Rural Affairs is a certified Community Development Financial Institution (CDFI): While the Center for Rural Affairs has been lending to small businesses since 1990, it created an accompanying legal entity, Community Capital, in 2013 to extend lending in rural communities. The Center then received its CDFI certification to strengthen its approach to lending, education, and technical assistance.
