Press Release: CDC Small Business Finance Recognized as One of the Best Nonprofits to Work For
In its 2023 rankings, The NonProfit Times ranked CDC Small Business Finance as the #17 medium-sized nonprofit and #43 overall
April 11, 2023 (San Diego, CA / Arlington, VA) – With a mission that inspires employees — and a management team that invests in them — two organizations from the Momentus Capital branded family of organizations have been named among the best medium-sized nonprofits in the United States, according to The NonProfit Times, the leading publication for nonprofit managers.
CDC Small Business Finance is ranked in this year’s rankings as the #17 medium-sized nonprofit and #43 overall.
Capital Impact Partners is also honored as the #1 nonprofit in the medium-sized category, which includes organizations with 50-249 employees. And the organization is also among the best nonprofits of any size, ranked #2 overall.
CDC Small Business Finance and Capital Impact Partners are both part of the Momentus Capital branded family of organizations, which also includes Ventures Lending Technologies, among other organizations.
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.
“We are incredibly thrilled to be honored as two of the best nonprofits to work for — and incredibly thankful to our team members for making that recognition possible in so many ways,” said Kim Dorsett, Chief Human Resources Officer for CDC Small Business Finance and Capital Impact Partners. “This award is both validation for what we’ve done so far and motivation to continue to invest in our people. Training, resources, and a thriving culture will help us all do our best work.”
Learn more about Momentus Capital’s mission and career opportunities within the Momentus Capital branded family of organizations.
“We anchor ourselves in our mission and vision, making sure communities have the opportunities they need to be successful, and to fulfill their dreams,” said Ellis Carr, President and CEO of Capital Impact Partners and CDC Small Business Finance. “That also applies to our team members. Our goal is to provide team members with the opportunities and development they need. It is only by supporting and investing in our staff, that we can continue to make an impact on the residents and communities we all show up for every day.”
The NonProfit Times highlighted Momentus Capital for its nimble and entrepreneurial approach, hybrid workplace model, opportunities to connect with leadership, and fostering ongoing innovation through its Lab process — a cross-departmental structure that evaluates internal systems and processes.
The Best Nonprofits To Work For 2023 rankings are based on these 10 key drivers:
- I feel I am valued in this organization.
- I have the confidence in the leadership of this organization.
- I like the type of work that I do.
- At this organization, employees have fun at work.
- Most days, I feel I have made progress at work.
- This organization treats me like a person, not a number.
- Overall, I’m satisfied with this organization’s benefits package.
- I feel I can trust what my supervisor tells me.
- This organization helps me pursue a career path that aligns with my skills and interests.
- The leaders of this organization care about their employees’ well-being.
About the Momentus Capital Brand:
The Momentus Capital branded family of companies refers to the combined operations of Capital Impact, CDC Small Business Finance, and Ventures Lending Technologies. While each organization under the Momentus Capital brand still operates as a separate entity, their clients will now have access to more resources and products.
The Momentus Capital branded family of companies is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. We are working to reinvent traditional financial systems that have failed to address systemic issues of inequality, economic empowerment, and the widening racial wealth gap by offering a continuum of financial, knowledge, and social capital to help local leaders build inclusive and equitable communities and create generational wealth. This includes a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology services that advance locally-led solutions.
Leveraging 80 years of combined experience, nearly $3 billion in assets, and strong community engagement, we have delivered $23 billion in financing, created and preserved 250,000 jobs, and served 12,000 small businesses and five million people across their history.
With headquarters in Arlington, Virginia, and San Diego, California, Momentus Capital operates nationally with a focus on larger urban areas and cities in Arizona, California, Michigan, Nevada, New York, Texas, and the Washington metro area.
Learn more at momentuscap.org.
About CDC Small Business Finance:
CDC Small Business Finance is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. As the nation’s leading mission-based small business lender, CDC delivers small business and commercial real estate loans paired with small business owner assistance to bolster entrepreneurship, economic development, and job creation.
CDC offers numerous financing products including the Small Business Administration (SBA) 504 commercial real estate loans; SBA Community Advantage working capital loans; and the SBA Microloan. We also offer non-SBA products to provide more equitable access to credit for those who are unable to qualify for traditional financing. CDC also provides free business advising to support both potential borrowers to get loan-ready as well as to help existing small business borrowers grow and expand their business.
Since 1978, CDC has provided more than $21.3 billion in funding to 12,000 borrowers and helped create and preserve over 214,000 jobs.
CDC’s subsidiary, Ventures Lending Technologies, offers Ventures+, a proprietary loan processing and portfolio management tool that has become one of the top resources for small business and community lenders. This cloud-based platform provides a low-cost way for smaller lenders to offer services throughout the entire lifecycle from a borrower prospect to loan payoff. Through this work, the Ventures+ team helps scale the ability of local lenders to create impact in their communities by providing access to high-level services they would otherwise be unlikely to manage on their own.
Learn more at cdcloans.com and venturesgo.com.
About Capital Impact Partners:
Capital Impact Partners is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. We work to champion key issues of equity and social and economic justice by deploying mission-driven financing, capacity-building programs, and impact investing opportunities.
Capital Impact is part of the Momentus Capital branded family of organizations, including CDC Small Business Finance and Ventures Lending Technologies. Collectively, we offer a continuum of financial, knowledge, and social capital to help local leaders build inclusive and equitable communities and create generational wealth. This includes a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology services that advance locally-led solutions.
A nonprofit Community Development Financial Institution, Capital Impact has disbursed more than $3 billion since 1982 to create access to critical social services, grow entrepreneurs, and create quality jobs. Capital Impact’s leadership in delivering financial and social impact has resulted in the organization being rated by S&P Global and Fitch, and recognized by Aeris for its performance.
Learn more at capitalimpact.org or momentuscap.org.