topamax while breastfeeding

Loan Programs

 

Small Business Loan Program

CIC is committed to helping small business in Arizona thrive and succeed by providing access to capital through non-traditional financing resources. Our major focus is to help retain and/or create jobs. Loan funds are typically intended to help business with:

  • Working Capital
  • Machinery or Equipment
  • Inventory and Supplies
  • Debt Consolidation

We understand that each business has different goals and needs….that is why our loan terms are flexible and customized per transaction. To start the process, simply click below and complete our short application!

Download Business Loan Application »
Email to: caroline@cictucson.com 

If there is confidential information in your application, you may use our encrypted email service by emailing the same address with a request for a secure email.

 

Charter School Loan Program

CIC provides access to financing for AZ based Charter Schools. Our goal is to be a short term lending solution, so schools are able to focus on what they do best and that’s provide quality education. Loan funds are typically intended to help schools with:

  • Cash Flow (budget shortfalls & delays)
  • Technology Upgrades
  • Transportation
  • Debt Consolidation
  • Equipment

We understand that each school has different goals and needs….that is why our loan terms are flexible and customized per transaction. To start the process, simply click below and complete our short application!

Download Charter School Loan Inquiry Form »
Email to: caroline@cictucson.com 

A full application will be sent to you after review of your inquiry form and one of our loan staff contacts you.  

If there is confidential information in your inquiry form, you may use our encrypted email service by emailing the same address with a request for a secure email. 

 

Social Impact Loan Program

CIC’s Social Impact Lending program is dedicated to investing in endeavors which support businesses and projects that have wider community benefits.  The focus of the program is not typical of loan portfolios which attempt to maximize profit.  In this segment of CIC’s portfolio, while the ability to repay a loan is still important, we are putting a premium on maximizing beneficial social impacts that result from our loans.

Social Impact Loans are small loans that usually receive preferential terms, rates, and underwriting evaluation in recognition of the “Good” that will result from the loan.  CIC is invested in our community and we are willing to invest in businesses and organizations that share our vision and values when others institutions are unable to. 

There are two approaches we use:

Partnerships with Nonprofit Organizations

CIC is actively seeking partnerships with local nonprofit organizations that see ways to offer essential services to their clients via low interest loans.  Our nonprofit community in Southern Arizona, of which CIC is proudly an active member, is incredible in the scope of social programs we provide and in our positive impact.  Nonprofits know their clients’ needs and know which ones could benefit from access to affordable debt capital – an approach which provides both the opportunity for clients to both receive services and to help the next client in need through the financial support of their loan payments.  One need look no further than the success of Habitat for Humanity to see that this approach works and has incredible potential to augment existing charitable efforts with business-minded ones where clients invest alongside those helping them.

As a working example of this approach, CIC currently partners with the Community Food Bank of Southern Arizona to support budding Food Entrepreneurs who are committed to providing affordable and healthy, delicious food and/or assisting low-income individuals/households who can utilize food entrepreneurship to increase their economic stability and grow their income over time.  One recipient of a Food Entrepreneur loan, Pivot Produce, is a for-profit produce distribution company active in the Farm-to-Table movement.  Founder and chef, Erik Stanford, has built a consortium of restaurants and farms which allows Tucson chefs access to the highest quality produce in the region and gives farmers access to Tucson’s top restaurants.

Borrowers receive microloans (up to $5,000) with low fees and at preferred interest rates (6% maximum depending upon qualifications).

For an application, please visit our partner’s website by CLICKING HERE

 

Directly Lending to Social Enterprises

A Social Enterprise is an organization that applies business strategies and approaches to addressing community and societal issues.  Different than a business enterprise which is generally focused on maximizing profit, a social enterprise will attempt to maximize social impact alongside profits.  CIC, though a nonprofit, sees itself as a social enterprise in that it attempts to both do well financially with its investments while also doing capital-G, “Good” with them as well.  CIC has already invested in several social enterprises through its Rural Nonprofit Lending and Food Entrepreneur partnerships with the Community Food Bank of Southern Arizona including Community Synergy Solutions and the previously mentioned Pivot Produce .

Borrowers receive microloans (up to $25,000) with low fees and at preferred interest rates (6% maximum depending on qualifications).

Download Business Loan Application »
Email to: caroline@cictucson.com 

If there is confidential information in your application, you may use our encrypted email service by emailing the same address with a request for a secure email.

CONTACT US

2033 E. Grant Rd.
Tucson, Arizona 85719
Phone: 520-529-1766
Fax: 520-257-2647
Email Us

OUR PROGRAMS

Charter School Programs Provide administration of education revenue bond disclosure & reporting compliance.
Small Business Loan Programs Loan programs for non-profits and small businesses.
Housing Assistance Programs Fiscal Agent for City of Tucson & Pima County Housing Assistance Programs.

CIC IS A MEMBER OF