Collaborators or competitors? Exploring the relationships between community development financial institutions and conventional lenders in small business finance

Sarah Duda, Jennifer Newon, Geoff Smith and Sean Zielenbach

No 2009-02, Community Development Working Paper from Federal Reserve Bank of San Francisco

Abstract: This study examines the nature of the interaction of banks and community development financial institutions (CDFIs) in small business lending. We examine the experience of six different CDFIs that vary by size, corporate structure, and market. We explore how they both collaborate and compete with regulated lenders, and how changes in local and national market dynamics affect their activities. Our case studies are not necessarily representative of the CDFI industry, but they offer insights on the factors that shape CDFIs? interactions with and responses to more mainstream institutions. Our findings are therefore more descriptive than prescriptive, although we offer suggestions for both CDFI practice and future research.

Keywords: Community development; small business finance (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-ent
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.frbsf.org/community-development/wp-con ... ites/3/wp2009-02.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedfcw:2009-02

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Community Development Working Paper from Federal Reserve Bank of San Francisco Contact information at EDIRC.
Bibliographic data for series maintained by Federal Reserve Bank of San Francisco Research Library ().