The Beacon For Small Business Lending
A mission-driven lender and non-profit CDFI (Community Development Financial Institution) serving businesses in Southern New Jersey & the City of Philadelphia for nearly 35 years!
If your business is located or moving to Southern New Jersey or Philadelphia, Pennsylvania, and or if you are struggling to get a loan at a competitive interest rate or need additional funding for a larger transaction, CBAC wants to help you start, grow, adjust, survive, thrive and succeed.
CBAC is a non-profit, mission-driven community lending organization, also known as a CDFI - Community Development Financial Institution (CDFI) that offers a range of loan products and support services to entrepreneurs to meet your existing and start-up business needs.
We offer transparent, fair, and competitive interest rate business loans with low fees to small businesses throughout Southern New Jersey and Philadelphia. We can make loans directly to your business and in partnership with banks and other lenders to help you get the capital you need, and we offer convenient repayment plans.
Our professional staff works one-on-one with you to tailor a financing package that meets your unique business needs. We also blend the resources and experiences of our partners with our programs and services to provide your business with customized coaching, training, and technical assistance.
From 2013 to 2018, CBAC made over 500 loans, creating and retaining over 2,700 jobs.
Sixty-one percent of CBAC's loans were to women and minority-owned businesses.
If you think that is impressive, just wait until you see the updated numbers for 2018 to 2023 - coming soon!