Business Impact NW is a nonprofit Community Development Financial Institution (CDFI) dedicated to serving underbanked entrepreneurs. We provide coaching, classes, and access to capital to community small businesses, with an emphasis on working with traditionally underserved populations – entrepreneurial low/moderate income earners, women, BIPOC, veterans, immigrants or members of the LGBTQ+ community. We have been serving the community since 1997.
We promote long-term positive economic change through financial services, business advice and training. We serve startups as well as existing businesses, and are dedicated to helping underserved entrepreneurs at every stage in their business growth. Our organization was founded as Seattle Economic Development Fund and was previously known as Community Capital Development. Business Impact NW is a certified, rated, and regulated financial institution. It is not a U.S. or state government agency.
Business Impact NW’s objective is to provide financial and technical support to entrepreneurs in economically marginalized communities who would not otherwise have access to financial services. Our lending guidelines are more flexible than traditional banks because of our community impact mission. While careful in our decision-making process, Business Impact NW is able to take considered risks on underserved small businesses in order to achieve this mission.
Our loan department offers lending services in Washington State and Oregon. We offer business support services (training, coaching and classes) in Washington State, Oregon, Idaho and Alaska through various technical assistance programs, including the Washington Women’s Business Center (WBC) and Veterans Business Outreach Center (VBOC). Business Impact NW’s head offices are located in Seattle, WA.
Learn more about Business Impact NW’s lending, programs, and impact on our FAQ page.
TO ACCESS OUR SERVICES
To sign up for free business coaching or get help preparing a loan application, the first step is to attend Square One Orientation in person or via webinar. Sign up through our calendar.
Other classes, including Business Expert Sessions, our Launch & Grow Series, toolkit webinars, and more can also be found on our calendar. All course are free to low-cost! We also offer free one-on-one business coaching and loan readiness assistance. Learn what’s right for you by following the “Launch Your Business”, “Grow Your Business”, or “Fund Your Business” paths.
All assistance can be provided in person, over the phone, or over live video chat.
TO APPLY FOR A BUSINESS LOAN
When you’re ready, fill out the loan pre-qualification application and submit.
You can also Email Us with any questions.