SMALL BUSINESS - Raza Development Fund

SMALL BUSINESS

RDF’s capital is flexible and can finance facilities, equipment, and working capital to fund operations and future growth initiatives.

Raza Development Fund supports sustainable small business growth – the bedrock of a prosperous economy.

Latinos have had the highest rate of new businesses started every year since 2002. Yet only 11% of Latino startups secure a business loan from a bank or financial institution, the lowest rate of any racial or ethnic group.

To bridge the gap in capital access, RDF builds partnerships with mission-aligned community organizations to bring affordable financing solutions to small, minority-owned business enterprises that have been systemically overlooked by traditional funders.

Partnership spotlight

Arizona, Nevada, Southern California, Navajo Nation: Arizona Hispanic Chamber of Commerce’s Capital Readiness Program

Tampa Bay, Florida: Enterprising Latinas

Cleveland, Ohio: Northeast Ohio Hispanic Center for Economic Development

San Antonio, Texas: Maestro Entrepreneur Center

Oakland, California: The Unity Council

Phone 602-417-1400

Raza Development Fund (RDF) is the largest national, Latino-focused nonprofit Community Development Financial Institution (CDFI). Driven by a mission to close wealth and opportunity gaps in Latino and other under-resourced communities across the United States, RDF provides responsible and attainable financial solutions to community-based organizations focused on health, education, affordable housing, climate resilience, homeownership, and entrepreneurship. RDF was founded in 1999 as a support organization to UnidosUS, the nation’s largest Hispanic civil rights and advocacy nonprofit, formerly known as the National Council of La Raza. As a testament to its exceptional financial strength and impact, RDF stands out as one of the few CDFIs with a prestigious AA- S&P rating. Since its inception, RDF has invested more than $1.3 billion across 38 states, leveraging over $6 billion in additional capital.

In accordance with federal law and U.S. Department of the Treasury policy, this institution is prohibited from discriminating based on race, color, national origin, sex, age, or disability. Submit a complaint of discrimination, by mail to U.S. Department of the Treasury, Office of Civil Rights and Equal Employment Opportunity , 1500 Pennsylvania Ave. N.W., Washington, D.C. 20220, (202) 622-1160 (phone), (202) 622-0367 (fax), or email crcomplaints@treasury.gov (email).