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Seedco Financial Services, Inc.

915 Broadway, 17th Floor
New York, NY 10010

Contact: Denise Belser, Senior Financial Services Manager
Phone: (212)473-0255
Fax: (646) 274-1165
Seedco Financial Services, Inc.

Seedco Financial Services (SFS) is a national, nonprofit community development financial institution that has expanded to a capital pool of $200 million in the past several years. Working with local partners, Seedco Financial provides financial and technical assistance to small business, nonprofit organizations, and anchor commercial projects in low income or economically distressed areas. Its financing programs are designed to fill critical capital and capacity gaps within local markets. SFS is a subsidiary of Seedco, a national intermediary that creates opportunities for low-wage workers in economically distressed communities.


Seedco offers loans in the form of microlending, small business lending, mid-level development, and anchor project financing for affordable housing and commercial facilities, arts and culture initiatives, human services, energy conservation, and fisheries.

SFS offers loans up to $25,000 for small businesses that cannot obtain mainstream financing and typically are locally-owned with few employees. Seedco Financial offers these small loans themselves in some sites and in others, partners with local lending partners.

Small Business and Nonprofit Loans
SFS offers working capital and expansion loans ranging from $25,000 to $200,000 to small businesses and nonprofits, and provides training and technical assistance either directly, or through its parent company, Seedco.

Midlevel Commercial Facilities and Development Loans
SFS offers mid-level commercial and facilities development loans to nonprofit community-based lending organizations, human services nonprofit organizations and developers to benefit our targeted low-income communities and their residents. These loans range from $200,000 to $1.5 million.

Anchor Project Financing
Projects of $1 million or more generate investment, stimulate economic development and create jobs in low-income communities. SFS works with nonprofit, government and private partners to creatively structure financing and align support that maximizes the community impact of these projects. Anchor Project Financing includes investments made through the use of New Markets Tax Credits (NMTC).

Client Population

Seedco Financial Services (SFS) is a national community development financial institution that serves nonprofits and businesses in underserved communities nationwide. Headquartered in New York City, SFS has active field offices in Alabama, Tennessee and New Orleans, where they are currently servicing populations disproportionately affected by Hurricane Katrina. The majority (80%) of SFS' clients are concentrated in low-income census tracts, at or below 80% of the area median income, in major urban areas. In these communities, SFS lends primarily to minority- and women-owned businesses.


Seedco Financial has provided financial and technical support in economically-distressed areas nationwide. SFS has helped countless small businesses recover after the September 11th terrorist attacks with its ArtBusiness Initiative. Since its inception, the ArtBusiness Initiative has provided consulting services to nearly 600 arts businesses and nonprofits and approved almost $6.4 million in loans. After Hurricane Katrina ripped through the Gulf Coast in 2005, SFS has turned its attention southward. As of August 2007 SFS has made 119 grants totaling $2.2 million to restaurant and food services, 64 grants worth almost $1.2 million to arts and cultural organizations, and 489 grants worth $8.3 million to fisheries in Louisiana.


Seedco Financial Services, Inc.
Soon after Linda Jimenez began her new job, she faced a childcare crisis. Linda had to leave work early to pick up her daughter, however, her job was vital to her transition off public assistance and she didnít want to risk jeopardizing it. Luckily, Linda was enrolled in the Community Childcare Assistance (CCA) program developed by Seedco in 2001. With Seedcoís help, CCA is able to provide backup childcare to working public assistance recipients. Full Story

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