Building community economic infrastructures by providing financial products and services to businesses in underserved markets.
Established in January 2002, to support Ten North Group’s work, the Ten North Community Fund (formerly CFNMD) is a certified Community Development Financial Institution (CDFI), providing financial services in low-income communities and to people who lack access to financing.
The Ten North Community Fund promotes financial inclusion and economic development by, among other things, offering small businesses and entrepreneurs in Miami-Dade, Broward, and Palm Beach counties, the support, and resources they need to succeed, including technical assistance, one on one counseling, and small business loans. The Fund is also an affordable housing lender working closely with our parent company to facilitate affordable housing development.
Through our program, businesses can apply for up to $250,000 in capital. To access our loans, we consider the nature of your business, your annual revenue and how you plan to use the funds. Unlike other lenders, your credit score is not the primary factor in eligibility.
We provide more than just access to capital. We are partners to the businesses that we service, and offer additional layers of support and technical assistance to ensure their continued growth.
Technical assistance sessions are available in both English and Spanish.