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Recognizing the distinct barriers that diverse small businesses face in accessing capital and other resources, the Wells Fargo for Small Business Diverse Community Capital program, focuses on providing grants and loans to Community Development Financial Institutions (CDFIs), such as Carolina Small Business, to expand access to capital and other resources to these businesses. This is a three-year program that provides $50 million in lending capital and $25 million in grants to CDFIs to provide loans. 

Loan Terms