Email

contact@rendeprogresscapital.com

Phone Number

616-359-3024

Posted Rende Progress Capital Recertified by the U.S. Treasury

1/1/1970

Rende Progress Capital is pleased to announce that we have officially received Community Development Financial Institution CDFI recertification from the U.S. Department of the Treasury’s CDFI Fund.   This designation not a stamp of approval; it is a rigorous validation of our business model, our financial stewardship, and the tangible impact we make alongside the entrepreneurs we serve. To maintain our standing as a certified CDFI, RPC must continuously meet strict federal requirements. This certification confirms that our institution continues our commitment in Promoting Community Development to drive economic growth and build wealth in underinvested communities; Serving a Target Market as we predominantly serve and maintain deep accountability to underserved business owners; Acting as a Financing Entity deploying capital to those who need it most and meet our standards, and Providing Vital Development as we do not just lend but offer the technical assistance and credit enhancements to help our loan customers  thrive. Message From RPC Leaders:  This recertification represents RPC’s proven track record, rigorous due diligence, and unwavering commitment to fostering sustainable economic growth for underinvested and underserved communities.  RPC is proud to be a Certified CDFI. While we are a young, rapidly growing institution, we have already proven ourselves as an essential link in a vital national network. Together, we are financing businesses, creating jobs, and actively rebuilding neighborhoods. I want to extend my deepest thanks to our dedicated staff, our General Manager, our contractor team, and our visionary funders and investors. You equip us to do this work daily. Thank you for journeying with us as we put small businesses first—especially those historically excluded from traditional financial services. Your support allows us to bridge the gap, helping local markets participate fully in the mainstream economy through our strategic lending investments.  Eric Foster, Chair and Managing Director