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Business Impact NW is a 501c3 and Community Development Financial Institution (CDFI) dedicated to serving under-banked entrepreneurs by providing access to capital and comprehensive business technical assistance. Our mission is to grow businesses that create jobs in underserved communities. We do this by promoting long-term positive economic change for low/moderate income business owners, particularly women, people of color, veterans, immigrants an refugees, and LGBTQ+ 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. Our organization was founded in 1997 as Community Capital Development and 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. We support community development among low-income and underbanked populations by assisting small businesses owned and operated by people of color, women, veterans and immigrants. 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. Business Impact NW's offices are located in Seattle, WA and we 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).