The Washington Area Community Investment Fund (WACIF) is a nonprofit community development loan fund that has been operating for 26 years. WACIF provides access to capital and technical assistance to underserved communities and small businesses. It offers loans, seminars, mentoring and financial assessments to help clients start and grow their businesses. In 2012, WACIF provided assistance to over 500 individuals, packaged 44 loans totaling $2.6 million, conducted seminars and loan programs, and added 15 new investors to its Access to Capital Loan Fund.

1. Washington Area
Community Investment
Fund
Celebrating 26 Years

2. ∗ WACIF is a nonprofit community
development loan fund whose
mission is to empower
underserved communities and
individuals in the by providing
access to capital and technical
assistance to…
WACIF’s Mission
- Smith and Sons, LLC

3. ∗ Small Businesses
∗ Affordable Housing Developers
∗ Childcare Centers
∗ Community Organizations
∗ Non-profits
WACIF’s Clients and Services

4. ∗ Access to Capital
∗ Technical Assistance
∗ Free Seminar Series (legal, marketing, financing, taxes etc…)
∗ Mentors
How does WACIF help?
WACIF’s Programs

5. ∗ WACIF’s Access to Capital Loan fund
∗ SBA Micro-Loan Fund
∗ CBE Microloan Fund
∗ Streetscape Relief Loan Fund
∗ Bank Partners
∗ Community Development VCs
WACIF and Access to Capital

6. ∗ Deliberately
∗ The ‘craft’ brewers of the lending world
∗ Judiciously
∗ Sources of capital are limited, thus loans are limited
∗ Normally, less than 5% of clients get approved for loans
∗ 96% Loan Repayment Rate
∗ Non-traditionally
∗ Much different risk profile than most debt financiers
How WACIF Lends Money

7. ∗ Intake form on www.wacif.org
∗ Business Evaluation by WACIF staff
∗ Request for application
∗ Prepare your financials
∗ Prepare your plan
∗ Prepare to pay us back
How to Apply

8. ∗ Provided technical assistance to more than 500 individuals and entrepreneurs
∗ Packaged 44 loans or equity investments in the amount of $2.6 million to low-
moderate income business owners
∗ Conducted 35 group technical assistance seminars
∗ Packaged and financed 3 low-moderate income tenant association purchases
∗ Held 13 Loan Days to connect small businesses to bankers
∗ Performed over 60 financial needs assessments
∗ 15 new investors in WACIF’s Access to Capital Loan Fund
2012 Highlights!
WACIF’s Year-End

9. Washington Area Community
Investment Fund
Celebrating 26 Years
2012 Rhode Island Ave NE
(202) 529 – 5505 - www.wacif.org

10. Washington Area Community
Investment Fund
Celebrating 26 Years
2012 Rhode Island Ave NE
(202) 529 – 5505 - www.wacif.org