News Coverage
CDC Small Business Finance and the Momentus Capital branded family of companies regularly receive media coverage for their work to provide access to affordable and responsible capital.
That coverage, compiled on this page, includes our efforts with key organizations and local leaders to deliver critical social services, and our work to help entrepreneurs of color grow their businesses.
If you are a member of the media and have a press inquiry, please reach out to David Greisman at dgreisman@capitalimpact.org.
Ellis Carr on Momentus Capital’s growing toolkit for financing social determinants of health
2024
“We’re trying to create what we believe to be the next generation mission-driven financial services organization that puts purpose ahead of profit,” Ellis Carr, who heads both Capital Impact Partners and CDC Small Business Finance, tells ImpactAlpha in a Q&A. “We want to prove that we can be a connector between communities and the broader capital markets in a way that’s all built around underestimated people.”
This is Small Business: Business Loans Dos and Don’ts
2024
Money is such an integral part of your business. So when the time comes and you need to secure more, where do you start? Who do you turn to? In this episode, Iman Cotton, a loan officer with CDC Small Business Finance, guides us through how to best prepare yourself and your business for a loan.
Loans Help Owners Survive, Thrive and Expand
2024
This article explains how small business owners can launch and expand through the U.S. Small Business Administration’s 504 and 7(a) Community Advantage loans — and spotlights how CDC Small Business Finance has helped borrowers in Los Angeles, California, and nationwide. “The loan has been life-changing,” said Yolanda Duckett, who expanded Duckett Kidz Care Inc with the assistance of CDC Small Business Finance. “I am going to be able to make a real impact on this community, which needs child care services and jobs.”
Window Blinds Co. Sees Light with Help of a Small Business Loan from CDC Small Business Finance
2024
Danielle Collazo of Adobe Blinds and More was able to make her dream come true with an SBA 504 loan through JPMorgan Chase Bank and CDC Small Business Finance. “No more shared or leased facilities. I have my own building and it’s big and it’s beautiful,” Collazo said. “I steer my own ship now. All the money I put into this building and business is on my balance sheet, and I own it all.”
For Second Straight Year, Ellis Carr Named to Washington Business Journal’s Power 100 List
2024
“The nation’s capital is a magnet for power,” wrote the Washington Business Journal’s editor, in introducing the list. “But look beyond the corridors of Congress and the White House: Some of the most powerful business leaders in the country are based in Greater Washington.” Mr. Carr, the President and CEO of CDC Small Business Finance and Capital Impact Partners, was one of 20 business leaders featured in the “Innovators” section.
Momentus Capital branded family of organizations named one of the best places to work
2024
As part of the Momentus Capital branded family of organizations, CDC Small Business Finance was named the #3 large nonprofit to work for, and #17 overall, by The NonProfit Times, the leading publication for nonprofit managers. “We strive to promote an inclusive culture where employees are motivated to perform at their best, are excited by the work they do, support the customers and communities we serve, and have a sense of belonging,” said Kim Dorsett, Chief Human Resources Officer for the Momentus Capital branded family of organizations.
Personal and Business Loan Interest Rate Predictions Amid Potential Fed Rate Cuts
2024
Susan Lamping, vice president of sales at CDC Small Business Finance, an SBA lender, is quoted in this September 2024 article about advice for small business owners amid the potential for interest rates to drop.
Lenders Cooperative & Ventures Lending Technologies Announce Transformative Merger, Creating a Powerful End-to-End Lending and Servicing Platform
2024
“Our teams have worked closely together to create innovative solutions to help Momentus Capital reach more borrowers, more efficiently. The teamwork and collaboration have been excellent,” said Ellis Carr, President and CEO of CDC Small Business Finance and Capital Impact Partners. “We are thrilled to merge Ventures Lending Technologies with Lenders Cooperative to create an industry leading technology firm that can support our teams and the industry as we scale impact lending across the financial sector.”
New York Life and Momentus Capital Partner to Deliver Seed Capital to Commercial Real Estate Projects
2023
“The focus is on job creation and wealth building through real estate,” said Tony Barengo, head of commercial real estate for community development corporations and small business finance at Momentus Capital. “And so [we’re] really hoping to move the needle and make a difference for the small businesses that we end up serving.”
CDC Small Business Finance CEO Ellis Carr Named to Washington Business Journal’s Power 100 List
2023
The list spotlights the most influential business leaders with the pending revival of Greater Washington top of mind: “Who has the courage to stand up and discuss our problems without holding back?” wrote the Washington Business Journal’s editor, in introducing the list. “Who has the leadership skills — and, sometimes, the dollars — to make a difference? Who can we count on?”
CDC Small Business Finance Recognized as One of Best Nonprofits to Work For
2023
The NonProfit Times, the leading publication for nonprofit managers, ranked CDC Small Business Finance as the #17 medium-sized nonprofit and #43 overall. The rankings are based on participating nonprofits’ policies, practices, benefits and demographics, as well as a survey of employees asking them to respond to 77 statements within seven categories.
American Banker Honors Tom Brune of Ventures Lending Technologies on Annual Innovators of the Year List
2023
Ventures Lending Technologies, a subsidiary of CDC Small Business Finance, offers a proprietary loan processing and portfolio management tool that has become one of the top resources for small business and community lenders.
Loan Officer Miriam Torres Baltys Named ‘Financial Services Champion’
2023
“This job is truly about helping people, and it feels great to be recognized for the impact I am having on small business owners,” Torres Baltys said. “Every time I talk to a client, I try to think of them as if they were family – how would I want them to be treated, and how can I help them reach their goal? And if I can’t help them right now, how can I help them be knowledgeable and set a plan for the future so that they can still achieve their goals and dreams?”
Vice President Harris Visits Santa Monica Restaurant that Received Community Advantage Loan from CDC Small Business Finance
2023
Vice President Harris visited Alfalfa, a restaurant in Santa Monica that worked with CDC Small Business Finance on a Community Advantage loan, a program designed to increase loan access specifically for low-income, underserved business owners through mostly nonprofit, approved lenders.
Business loan from CDC Small Business Finance helps proprietor purchase his own building
2023
Ivan Guzman of Redline Quality Cars went from leasing to owning, expanding his business and adding more employees at his Arizona auto body shop thanks to an SBA 504 loan from CDC Small Business Finance
City First Bank and Momentus Capital collaborate to boost lending to underserved entrepreneurs
2023
“Momentus and City First also chose to zero in on low-to-moderate income areas and entrepreneurs of color as well as female small business owners — groups that historically have been approved for SBA 504 loans in small numbers.”
Wedding startup Laine London nabs investment from Momentus Capital as industry looks to rebound
2023
“We want to support the company and help them reach diverse customers nationwide, as they’ve already shown was possible in the Atlanta area,” says Elisabeth Chasia, investments director at Momentus Capital.
CDC Small Business Finance Business Receives Two Top Honors as SBA Business Development Officers of the Year
2022
Stacey Sanchez and Ken Rosenthal were two of just five people to be named “BDO of the Year” by The Coleman Report. This leading banking publication annually honors the best in small business lending practices. Sanchez and Rosenthal’s awards are a nod to their commitment to creating more equitable opportunities for the small business community.
Read the Coleman Report’s article or read our press release.
Most Creative People in Business 2022: Ellis Carr, Momentus Capital
2022
Our president and CEO, Ellis Carr, was named to Fast Company’s Most Creative People in Business list. The article showcased the Equitable Development Initiative, which is a program led by CDC’s sister organization Capital Impact Partners that helps real estate developers of color in four regions of the United States.
Capital Impact Partners and CDC Small Business Finance Create Momentus Capital to Inclusively and Equitably Transform the Financial Services Sector
2022
Why did Capital Impact Partners, CDC Small Business Finance, and Ventures Lending Technologies come together to create the Momentus Capital branded family of companies? In this interview with the AFRO, Momentus Capital president and CEO Ellis Carr discussed why it is so important to provide a continuum of social, financial and knowledge capital for local leaders, businesses and community organizations to bolster economic mobility and wealth creation.
Leveraging National Presence and Scale to Drive More Solutions for Local Challenges: Q&A with Momentus Capital President & CEO Ellis Carr
2022
Ellis Carr conducted an interview with IFF, a mission-driven lender, developer, and consultant that helps communities thrive. Among the topics: why the Momentus Capital branded family of companies was formed, how Ventures Lending Technologies will continue to evolve to support Momentus Capital’s strategic vision, and other notable announcements and initiatives.
Dream Come True: Small Business Loan Allows Sedona Couple to Purchase Their Own Retail Space
2022
Michael and Summer Sanders always dreamed of owning a business, not just leasing a commercial property that wasn’t their own. An SBA 504 loan allowed them to switch from renters to fully owning the business and property, thanks to CDC Small Business Finance. The Sanders, a husband/wife team that owns Local Juicery in Sedona, Arizona, were able to purchase the existing space they have leased since December 2014 with an SBA 504 commercial real estate loan.
How Southern California Women in CRE Are Blazing Trails
2022
LaKisha Gant, senior vice president of commercial real estate for CDC Small Business Finance, was among the honorees at the annual Southern California Women Leading Real Estate event. The awards shone a light on movers and shakers in commercial real estate, from top-level executives to leaders on the rise.