July 21, 2022 (Arlington, VA/San Diego, CA) – The financial sector can play a greater role in helping build communities — by providing people with access to the capital and opportunities they deserve. Opening up these doors is fundamental for local leaders and entrepreneurs to contribute not only to their communities, but to our shared economy.
In a first-of-its-kind announcement, Capital Impact Partners, CDC Small Business Finance, and Ventures Lending Technologies are coming together as Momentus Capital to create the transformational change needed in the financial sector to achieve this vision.
“Small business owners, developers, and other local leaders are the engines of job creation and economic activity in communities across the country. When these leaders have the opportunity to succeed, their communities, their residents — and our country — thrive,” said Ellis Carr, President and CEO of Capital Impact Partners and CDC Small Business Finance. “We need bold thinking and a holistic approach to unleash solutions for communities. Momentus Capital was created to meet that challenge.”
Each organization under the Momentus Capital brand will continue operating as a separate entity committed to serving its key market and clients, albeit with additional resources and product offerings.
By unifying as Momentus Capital with one shared vision and mission, these leading, mission-driven financial organizations can achieve even more than they could working as separate entities.