Business Impact NW (BIN) is a nonprofit economic development organization formed in 1997
Business Impact NW is a nonprofit Community Development Financial Institution (CDFI) dedicated to serving under-banked entrepreneurs by providing access to capital and comprehensive business technical assistance. Business Impact NW’s mission is to promote long-term positive economic change for low/moderate income business owners, particularly women, minorities and veterans, through financial services, business advice and training. Business Impact NW serves startups as well as existing businesses, and is dedicated to helping underserved entrepreneurs at every stage in their business growth. Business Impact NW was founded in 1997 as the Community Capital Development and is a certified, rated and regulated financial institution. Business Impact NW is not a US 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. Business Impact NW supports community development among low-income and underbanked populations by assisting small businesses owned and operated by people of color, women, veterans and immigrants. Business Impact NW’s 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.
Business Impact NW’s loan department offers lending services in Washington State and Oregon. Business Impact NW offers business support services (training, counseling and classes) in Washington State, Oregon, Idaho and Alaska through the Washington Women's Business Center (WBC) and Veterans Business Outreach Center (VBOC). Business Impact NW’s offices are located in Seattle, WA.
Learn more about Business Impact NW's lending, programs, and impact on our FAQ page.