Small Business Development Corporation of Orange County congratulates Clearinghouse CDFI on its recent certification as a member institution of the California Infrastructure & Economic Development Bank (IBank). We welcome Global Finance CDFI to the family of financial institutions supporting small business communities across the state providing capital equity among underserved and disadvantage communities of color while bridging the wealth gap, eliminating blight and homelessness with strong emphasis on creating and retaining jobs in California.

Global Finance CDFI is a direct lender dedicated to assisting small businesses throughout the State of California, with a mission is to expand access to capital for small businesses, specifically those in underserved communities, with an emphasis on providing business equipment financing on attractive terms. “We are excited to partner with Small Business Development Corporation of Orange County to deliver fresh capital to California’s small business community. Michael Ocasio and his team are simply the best in the business at what they do,” stated Robert Forsythe, Global Finance CDFI’s President.

IBank was created by the state legislature in 1994 to finance public infrastructure and private development that promote a healthy climate for jobs, contribute to a strong economy and improve the quality of life in California communities. It is a self-supporting entity financed through service fees and interest earnings and has financed more than 55 billion in infrastructure and economic development projects.