What we do at Business Impact NW

Our Mission: Growing businesses that create jobs in underserved communities.

Our Vision: All business owners have an equal opportunity to succeed.

Our Values: Integrity, Community, Inclusivity, Celebration.

Entrepreneurs holding check for their winning business at Impact PitchBusiness Impact NW

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, Oregon, & Alaska. 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), Veterans Business Outreach Center (VBOC), Food Business Resource Center (FBRC), & Loan Readiness Center (LRC). 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.

Values Statement

Business Impact Northwest—our valued employees, board members, and community partners—affirm our commitment to continue to model and demonstrate a strong personal moral code rooted in truthfulness, transparent communication, and accountability.
This is our pledge of INTEGRITY.

We dedicate ourselves to deliver on trust, empathy, and a collaborative work ethic to our stakeholders, resource partners, and those with whom we share a relationship established in common values.
This is our promise to our COMMUNITY.

We find it our duty to perpetuate the ongoing process of recognizing, validating, and appreciating the uniqueness of all; and to provide equal access to support and encouragement, and to authentically welcome in all people, their beliefs, and their voices.
This is our oath of INCLUSIVITY.

We rejoice—through word, deed, and time—in honoring, sharing, and jubilantly recognizing the efforts, milestones, and victories which comprise the unique journeys of those we serve and know.
This is our happiness in CELEBRATION.

Diversity Statement

The mission for Business Impact NW is to grow businesses that create jobs in underserved communities. As an organization, we acknowledge that systemic and institutionalized barriers have historically prevented the focus communities we work with- BIPOC, women, Veterans, LGBTQ+, immigrant, refugee, and rural, from thriving. Yet, we also know that it is the diverse lenses, perspectives, and lived experiences that we all bring that generate strength, vitality, and resiliency to our collective community. As a CDFI and training organization, we interrupt existing barriers with access to funding, information, tools, and connection. We see and believe in our clients, and by living our values of integrity, community, inclusivity, and celebration, we always put them first.

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As a nonprofit and a CDFI, our work would not be possible without the many community organizations we stand shoulder to shoulder with to make small business ownership more equitable. Below is a list of the community organizations that support our work in:

Community Network in Washington

21 Acres
AARP Foundation- Workforce Programs
Absher Construction
African Community Housing and Development/Delridge Farmers Market
Alliance NW
Amazon
American Farmland Trust
Annie Wright Schools
Bates Veteran Business Center
BECU
BECU
Beneficial State Foundation
Biz Fair Renton
Biz Fair Snohomish
Black Dot
Black Farmers Collective
Black Owned Business Excellence (BOBE)
Boeing Foundation
Capital One
Central Washington Hispanic Chamber of Commerce
City of Bellevue, WA GOV
City of Kirkland, WA GOV
City of Seattle, WA Office of Sustainability and Environment, GOV
City of Sequim, WA GOV
City of Tacoma, WA Economic Development, GOV
Clover Park Technical College Veteran Business Office
Colectiva Legal Del Pueblo
Columbia Bank
Craft3
Cre8tive Minds Consulting
Davis Wright Tremain
Department of Veterans Affairs- WA
EastWest Food Rescue
Economic Alliance of Snohomish County
Economic Development of Skagit County
Economic Development of Snohomish County
Ecotrust
Edmonds Community College Veterans Resource Center
El Centro de la Raza
Elk Run Farm
Ethnic Chamber of Commerce (ECCC)
Fairchild Air Force Base
Feary Group
Federal Home Loan Bank of Des Moines
Filipino Chamber of Commerce
Food Innovation Network
Foundry Law Group
Friends of Ranier Beach Urban Farm
GoDaddy
Greater Tacoma Community Foundation
GSBA
Harborstone Credit Union
Harvest Against Hunger
Hauser Jones & Sas
Highline Community College
Highline StartZone/ SBDC Des Moines- WA
Hmong Association of Washington
HomeStreet Bank
Hummingbird Marketing Services
IBA
Impact Assets
International Rescue Committee - New Roots
Issaquah, WA GOV
Joint Base Lewis–McChord TSM
JPMorgan Chase
Key Bank
King Conservation District
King County / Farm King County (A Part of Dept. Of Natural Resources)
King County, WA GOV
Kirkland, WA GOV
Labor & Industries
Living Well Kent
Local Yokels
Lumenomics
M Agency
Marine For Life
Maritczack Legal Group/ ALIGN
MBDA
Molly Moons Homemade Ice Cream
Monroe Partners
Muslim Association of Puget Sound
NAACP Snohomish County
Naaval Air Station Whidbey Island TSM
Naval Base Kitsap/Bangor/Bremerton TSM
Naval Station Everett TSM
Navy League
Navy Region NW
Neighborhood Farmers Market
Northwest Agricultural Business Center (NABC)
Office of Minority & Women's Business Enterprise (OMWBE)
Pacific Office Automation
Para Los Ninos
Pierce County Department of Economic Development
Pierce County Economic Development Department
Pillar Impact
Pillars Group
Procurement Technical Assistance Center- WA
Project Feast
Puget Sound Energy
Rainer Beach Action Coalition
Rainier Chamber of Commerce
Rational Unicorn
Remitly
Renton Chamber of Commerce
Renton, WA GOV
Rosie Network
Russell Family Foundation
SAP Concur
SBA WA
SBDC WA
SCORE WA
Seattle Metro Chamber of Commerce
Seattle Credit Union
Seattle Farmers Markets
Seattle Good
Seattle Good Business Network
Seattle Latino Metropolitan Chamber of Commerce
Seattle University Veterans Community
Sequim-Dungeness Valley Chamber of Commerce- WA
Shared Soil
Smith & Feek
Sno Valley Tilth
Snoqualmie Valley Preservation Alliance
Sound Credit Union
Sound Outreach
Sound Transit
Southside Seattle Chamber of Commerce
Spaceworks Tacoma
Sustainable Connections
Tacoma Community College Veteran Services
Taxusign
Team Soapbox LLC
The Imagine Institute
The Seattle Foundation
The Spur Group
Thurston Economic Development Council (EDC)
Tilth Alliance
Traction Space
Umpqua Bank
Union Bank
Universit of Washington Veterans Education Benefits Office
University of Washington (UW)
Urban Impact
USDA
Vashon Island Growers Association (VIGA)
Ventures Seattle
Verity Credit Union
Viva Farms
WA Farmland Trust
WA Trust
Wakulima USA
Washington Attorney General’s Office of Military & Veteran Legal Assistance
Washington Federal Foundation
Washington State Department of Agriculture
Washington State Department of Agriculture
Washington State Department of Transportation (WSDOT)
Washington State Farmer Market Association
Washington State Microenterprise Association (WSMA)
Washington State University Food Systems
Washington State University Office of Veteran Affairs
Wells Fargo
Wells Fargo Foundation
Work of Honor
World Affairs
WSECU

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