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Equity Equivalent Investment received

Submitted by cfne on Fri, 06/29/2007 - 15:00

CFNE is the fortunate recipient of a $50,000 equity equivalent investment from the Monarch Communty Fund, a Calvert Foundation client. The funds are avaiable for long term and will allow CFNE to leverage additiona social investment loans  as well as provide more flexible terms to its borrowers. It allows CFNE to strenthen its capital structure and as a result increase its lending and investing in economically disadvantaged communities.

Keywords: 
equity equivalent investment, calvert

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