What is a lending circle?

OBDC Small Business Finance is thrilled to partner with Mission Asset Fund to offer lending circles to small business owners in our program areas. When banks are not available, people across the globe lend each other money. LendingCircles.org has taken this to a new level by incorporating credit reporting. Now, in addition to accessing funds, a participant’s credit score can improve through positive credit activity.

Farley’s launches a profit-sharing program

Farley’s, an OBDC client, was featured in the news recently for their newly-launched employee profit sharing program. Every employee who has been with the company for at least six months will receive a share of 10% of the profits. This is additional income, not a paycheck deduction, demonstrating Farley’s deep commitment to the community and the people who make their business run day-to-day.