Project of the Day: Community Sourced Capital

Community Sourced Capital

= CSC helps local businesses borrow money from people in their community.

“Neither crowdfunding nor a financial institution in the traditional sense, Community Sourced Capital (CSC) aims to build community through finance by enabling community members to provide needed capital to local businesses. Through aggregating small sums from community members, CSC pools these resources and provides zero-interest, project-based loans of up to $50,000 to local small businesses in Washington State. CSC vets all qualifying businesses to ensure that loans are beneficial for both the business and the community. Still in its formative stage, CSC has nearly 500 participating “Squareholders” to date.” (http://www.communitysourcedcapital.com/)

Leave A Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.