Clearinghouse Community Development Financial Institution

Clearinghouse Community Development Financial Institution

United States
Clearinghouse CDFI is a provider of community development lending services intended to address unmet credit needs. The company provides equal access to credit in neighborhoods of all income levels and ethnicities and spends the time and energy required to find creditworthy borrowers whose projects create assets in the community. Its lending services bridge the gap between conventional lending standards and the needs of low-income and distressed communities by offering financial lending for projects that include community facilities, affordable housing, commercial real estate, new markets tax credits, and small businesses, enabling borrowers to receive critical funding for their projects. It was founded by Douglas J. Bystry in 1996 and is located in Lake Forest, California.
Founded date
01/01/1996
# of employees
11-50
Company type
For Profit

General & financials

Estimated revenue
$1M to $10M
# of funders
1
Founders
Douglas J. Bystry
Industry group
Financial Services, Other, Real Estate

Founding

Top 5 investors
Community Development Financial Institutions Fund, Comerica Incorporated, CIT Bank, California Bank & Trust, First Choice Bank
# of funding runds
10
Last founding
$6.190.000
Total funded
$26.388.334

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