The vision of Expanding Black Business Credit (EBBC) is an economically vibrant and revitalized Black community across the United States. Our mission is to create thriving business ecosystems that strengthen Black-owned small businesses, Black-led nonprofits, and the Black-led CDFIs that help them to succeed.

We leverage our collective power to reduce systemic barriers and scale access to critical resources—money, management education, markets — needed to accelerate Black business growth and development.

BLACK VISION FUND

The EBBC Black Vision Fund invests in communities across the nation by investing in Black-focused/led CDFIs that lend to hardworking Black-owned small businesses.

EXPANDING BLACK BUSINESS CREDIT FUNDERS

If you are interested in becoming a funder, please contact us.

CDFI SUCCESSES

Expanding Black Business Credit (EBBC) was formed in 2016 initially as a CEO Peer Learning Network by leaders of Black-led/focused Community Development Financial Institutions (CDFIs) to share best practices in lending to Black businesses, but also prove that the country can increase available lending to Black-owned small businesses and thereby reduce persistent inequalities of wealth, income and opportunity in Black communities.

They created an intricate, real-world report to prove the value of equalizing lending to Black-owned small businesses and developed the Black Vision Fund to execute on it.

EBBC’S BUILDING BLOCKS

Three core building blocks are the foundation of our approach to reducing critical lending and wealth gaps.

ORGANIZATION AND GOVERNANCE

The multi-faceted report offers a fresh and insightful look at the economic requirements of low-wealth communities in America by:

• Comparing the way the world has successfully employed investment strategies in developing countries and how we could look at the investment and economic requirements of low-wealth communities;

• Highlighting the hidden investment opportunities that exist in many low-wealth communities;

• Recommending that if America wants to grow as a nation, it must address the broken economies of low-wealth communities caused by many generations of oversight, under-investment and some intransigent racial perception issues;

• Pointing out that if a demonstration of this Black small business market opportunity is successful, it can be followed by a viral spread to larger lenders and similar focused attention to other minorities.

Thank you to our funders

Community impact by expanding black business credit