More PPP Funds Would Help CDFIs Lend Money To Micro Businesses
PYMNTS
APRIL 14, 2020
CDFIs — which exist in all 50 states, the District of Columbia, Guam, Puerto Rico and the U.S. Ruben Alonso, president of the CDFI loan fund AltCap in Kansas City, Mo., A new PYMNTS survey of some 700 SMBs found that they expect to run out of money 113 days on average before they think the coronavirus crisis will end.
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