Commitment to Action

SourceFunding.org

Commitment by

Short Enterprises

In 2016, Short Enterprises and partners committed to launch SourceFunding.org, the nation’s first low-cost financing platform catering to small and medium businesses with a social-impact, mission-driven, and/or workforce development focus. It is anticipated that this new national financial technology platform will deploy $100 million in financing by June 2018 utilizing an innovative common app process and matchmaking algorithm to more rapidly facilitate and streamline access to low-cost financing available through the 14,000 community banks and credit unions in the United States.

Share

Tabs

Overview
Summary

Commitment

SourceFunding.org

Launched

2016

Est. Duration

2 years

Estimated Total Value

$1,500,000

Region

Northern America

Countries

United States

Commitment by

Short Enterprises

Partner(s) of the Commitment Maker(s)

GT, Upstate Studios, Ashoka U, Locus Limited, Syracuse University, Hatch, LLC, The Madden School of Business at Le Moyne College, Greensky Management Group LLC, Global Social Enterprise Institute