Scale Link is a secondary market for CDFI-originated small business microloans
Recent press
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Fund that helps banks buy CDFI microloans seeks a bigger stage
Brett Simmons has spent the past three years coaxing banks and community development financial institutions to embrace his vision of creating a nationwide secondary market for microloans….
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Boosting CDFI loans through a new secondary market
Bank financing for entrepreneurs is harder to get these days, thanks to rising interest rates and the collapse of Silicon Valley Bank. That’s especially problematic for entrepreneurs of color, who typically have a harder time getting financing than their white peers….
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Making small business lending work for more people without anyone noticing
Nagging reminders that the mainstream financial system isn’t designed to work for everyone show up in so many visible ways. Vacant houses or empty storefronts occasionally a flash of…
Solutions that benefit all
Scale Link bundles microloans from different CDFIs and pools them together for banks to purchase. This translates into real change for the communities and people who need it most.
Helping communities
Our solution empowers CDFIs to grow their impact through reduced capital expense and unrestricted funding.
Supporting banks
Our solution centralizes expertise and volume so banks create impact they can count on.
Our partners
Proven impact
Since late 2020, Scale Link’s sustainable secondary market for CDFI loans has:
provided $54.9 million in capital to CDFI partners
sold $36.8 million to bank partners
donated $6 million back to CDFI partners
purchased 3,500 loans
Scale Link bundles microloans from different CDFIs and pools them together for banks to purchase. This translates into real change for the communities and people who need it most.
Community impact
CDFIWorking Solutions
BUSINESSEl Tiny Café, Berkeley, CA
Working Solutions has partnered with Scale Link since 2020. To date, Scale Link has provided $3.4M of capital and $390,000 of unrestricted funds to help Working Solutions support more borrowers like El Tiny Café.
LiftFund
BUSINESSKosmo Nail & Hair Salon, Corpus Christi, TX
LiftFund has partnered with Scale Link since 2020. To date, Scale Link has provided $3.4M of capital and $400,000 of unrestricted funds to help LiftFund support more borrowers like Kosmo Nail & Hair Salon.
CDFI
Justine Petersen
BUSINESSEyeSeeMe, University City, MO
Justine Petersen has partnered with Scale Link since 2020. To date, Scale Link has provided $3.6M of capital and $35,000 of unrestricted funds to help Justine Petersen support more borrowers like EyeSeeMe.
CDFI
