Shenandoah Community Capital Fund Expanding Efforts to Assist Small Businesses
The Shenandoah Community Capital Fund (SCCF) offers Small Business Administration microloans to entrepreneurs and small businesses within the Shenandoah Valley to help fund start-ups or expanding businesses. Loans range from $1,000 to $50,000 and can be used for a variety of expenses including working capital, equipment, and inventory.
SCCF loans primarily to small businesses and entrepreneurs who are not able to receive funding through a traditional commercial lender. There are a variety of reasons someone would not be able to receive a commercial loan including their credit score, collateral, and being in business for less than one year. SCCF is there to bridge the gap between access to capital and helping to build a more accessible and equitable ecosystem for entrepreneurs and small business owners in the Shenandoah Valley.
The Shenandoah Community Capital Fund is an Equal Opportunity lender, provider, and employer. It is a 501(C)3 non-profit organization that envisions a Shenandoah Valley where every person has access to the resources, knowledge, and support needed to start, grow, and sustain a business. To date, SCCF has lent out over $1.5 million in loans to entrepreneurs in the Shenandoah Valley.
On July 1, the Shenandoah Community Capital Fund announced that it completed a major rebrand. Since 2019, SCCF has responded to a gradual transition in the region’s entrepreneurial landscape. This shift sparked a new focus and the organization embraced an entrepreneurial ecosystem-building approach to economic and community development.
Over the past three years the organization has grown substantially and expanded its mission and goals. SCCF’s work is expanding across the Shenandoah Valley. This shift for the organization prompted a rebranding that would more accurately reflect the vision for the organization going forward. The rebranding consisted of a new logo, new brand colors, new core values and a new vision. A new website will be unveiled later this fall.
For more information on the Shenandoah Community Capital Fund, visit www.sccfva.org.