Credit Trajectories of Business Owners Who Receive Loans From Community Development Financial Institutions (CDFIs)

Excerpt:  “Small business ownership is widely believed to be a pathway to wealth-building, but there is limited research on the long-term financial implications of credit access and use for entrepreneurs. To understand long-term business and personal credit outcomes for small business owners, we partnered with five community development financial institutions (CDFIs) that are small business and microloan lenders to study behaviors and credit outcomes of businesses and their owners before and after they receive a loan.”