CLIMB Fund Quarterly Investor Report: Driving Impact and Compliance

CLIMB Fund is proud to showcase the tangible impact of our efforts, our unwavering commitment to BIPOC-owned businesses, Women-owned businesses, Low Income/Disadvantaged Communities (LIDAC), and the remarkable statistics that underscore our success through small business lending.

Empowering Communities through Financial Inclusion

Our dedication to providing equitable financial solutions has led to significant strides in supporting underserved communities. This quarter, CLIMB Fund has financed over 44 small businesses, with a substantial percentage of loans directed to minority-owned and women-owned enterprises. By prioritizing inclusivity, we ensure that every entrepreneur, regardless of their background, can thrive.?

Reaching Diverse Communities

We take pride in our role as a responsible financial intermediary, providing alternative loan capital and opportunity for those where they otherwise do not exist. Our efforts are reflected in our comprehensive due diligence processes and our proactive engagement with community stakeholders. This quarter, our activities included targeted outreach programs, financial literacy workshops, and strategic partnerships with local development organizations, aimed at fostering relationships with banks to help them achieve CRA compliance.?

Our latest report highlights several key statistics that demonstrate our growth and the positive impact we are making:?

• Total Loan Volume: We have successfully deployed $4.8MM in loans this quarter, supporting a diverse range of industries from food & beverage to professional services.?
• Job Creation: The businesses we have funded have collectively created over 184 new jobs, positively contributing to local economies and enhancing community well-being.?

Given CLIMB Fund’s current momentum and steady growth, we are projected to have a portfolio totaling 416 loans of $22,663,103 by the end of this fiscal year, exceeding our 5-year Strategic Plan’s goals.?

Looking Ahead

As we move forward, CLIMB Fund remains steadfast in our mission to create lasting change through responsible lending. We are continuously exploring innovative ways to enhance our services, expand our reach, and deepen our community impact. Our investors play a pivotal role in this journey and we are grateful for their unwavering support and belief in our mission.?

We invite you to read our full quarterly investor report for more detailed insights of our mission and the incredible entrepreneurs we serve. Together, we are building stronger, more resilient communities, one loan at a time.

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