Expanding Black Business Credit (EBBC) was formed in 2016 initially as a CEO Peer Learning Network by leaders of Black-led/focused Community Development Financial Institutions (CDFIs) to share best practices in lending to Black businesses, but also prove that the country can increase available lending to Black-owned small businesses and thereby reduce persistent inequalities of wealth, income and opportunity in Black communities.

They created an intricate, real-world report to prove the value of equalizing lending to Black-owned small businesses and developed the Black Vision Fund to execute on it.

EBBC’S BUILDING BLOCKS

Three core building blocks are the foundation of our approach to reducing critical lending and wealth gaps.

ORGANIZATION AND GOVERNANCE