CRF Receives $500,000 Check from Sam's Club

CRF receives $500,000 grant from Sam’s Club

CRF received a $500,000 check from Sam’s Club last week. One of four contenders based on the number of votes by Sam’s Club members, we were delighted to take second place. Thanks again to everyone who supported us during this campaign!

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We will use this grant to finance 150 small businesses and create and retain about 4,500 jobs across the country. In this economy, every job we add can help put this country back on the right track. We will work with local lending organizations to identify small businesses primarily in low-income and rural communities that can’t access traditional bank funding.

This campaign gave us a chance to reach out beyond our funding community to members of the general public to explain our mission here at CRF. Over the last several years, we have helped finance businesses in more than 700 communities around the country, businesses that are the lifeblood of job creation.

During this great recession, we have been working job by job, community by community, business by business, to put people back to work. With this grant from Sam’s Club, we can do much more than we could have done on our own.

Stay tuned to this blog for examples of entrepreneurs and small business owners that we’ve helped finance…