Portfolio Partner Profile

Greenline Ventures Small Business Capital Fund III

Greenline Ventures’ third Small Business Capital Fund (SBCF III) with Calvert Impact builds upon the success of our two previous SBCF Investment Funds that aim to provide loans to underserved small businesses throughout the United States. SBCF III leverages the New Markets Tax Credit (“NMTC”) program to provide small businesses with financing that is flexible and patient as it relates to collateral, security requirements, amortization, recourse, covenants, and interest rates/fees. Greenline's impact objectives for SBCF III include job creation and training programs for low-income workers, enhanced benefits packages, minority or women ownership, and reductions in environmental impacts.

Calvert Impact has been working with Greenline Ventures, a financial services company that specializes in capital markets solutions for economic development activities nationwide, since they launched the first SBCF in 2016. Greenline’s mission is to improve the flow of capital into underserved communities and motivate market rate capital to invest in community priorities. Since 2004, they have invested over $2.5 billion in businesses and projects throughout the country.

Return to Portfolio:

Community Investment Note Portfolio

Sectors and Topics:

Small Business

Region(s):

North America

Countries:

United States

US States:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming, District of Columbia, American Samoa, Guam, Northern Mariana Islands, Puerto Rico, U.S. Virgin Islands, Indian Country

First Year of Investment:

2022

Website:

https://www.greenlineventures.com//

Social Media:

7550 Wisconsin Avenue | 8th Floor | Bethesda, Maryland 20814 | Phone: 800.248.0337 | Fax: 301.576.8444 | info@calvertimpact.org

Calvert Impact Capital, Inc., a 501(c)(3) nonprofit and a subsidiary of Calvert Impact, Inc., offers the Community Investment Note. Calvert Impact Climate, Inc., a 501(c)(3) nonprofit and a subsidiary of Calvert Impact, Inc., offers the Cut Carbon Note. The Community Investment Note and Cut Carbon Note are subject to certain risks, are not mutual funds, are not FDIC or SIPC insured, and should not be confused with any Calvert Research and Management-sponsored investment product. The Community Investment Notes and the Cut Carbon Notes are debt securities subject to the terms, conditions and risks described in the current prospectus, prospectus supplement(s) and pricing supplements, as applicable, including risk of possible loss of the amount invested. Payment is dependent on the issuer’s financial condition at the time payment is due. Any decision to invest in these securities through this Site should only be made after reading the applicable prospectus, prospectus supplement(s) and pricing supplement or by calling 800-248-0337.

This is not an offer to sell you our securities and we are not soliciting you to buy our securities. The offering is made solely by the Prospectus. We will offer and sell our securities only in states where authorized.