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The Change Company Raises $88 Million Of Preferred Equity

Apr 11, 2022about 3 years ago

Amount Raised

$88 Million

Irvine

Description

The Change Company CDFI LLC (“The Change Company”), America’s Community Development Financial Institution (CDFI), announced today that the Company and its affiliates have raised $88 million of cumulative, perpetual preferred equity membership interests (the “Preferred Equity”) through two private placement offerings (the “Offerings”). The Change Company and its affiliates have successfully raised over $400 million over the past eighteen months to expand access to capital to low-income borrowers and communities.

Company Information

Company

The Change Company

Location

Irvine, California, United States

About

The Change Company empowers homeowners, small businesses, and consumers to pursue their American dreams by bringing social and racial equity to banking and lending. The Change Company’s team has built businesses that have lent over $50 billion to over 250,000 Americans. For more information, visit us at http://www.thechangecompany.com/

FundzWatch™ Score

87
Medium Activity

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