Small Business Recovery

The Small Business Flex Fund

The Washington State Small Business Flex Fund is a public- private partnership aimed at helping small businesses and nonprofits across Washington state – particularly those in low-income communities – recover and grow as communities across the state reopen for business. Loans are being originated by 5 local CDFI partners that have reach across the state.

The Fund is anchored by a $30 million commitment from the Washington State Department of Commerce.

Fund Launch

June 2021

Capital Committed

$70 million

Available to

Institutional lenders

Geography

Washington state

Borrowers served

Small businesses and nonprofits

Participating CDFIs

Website

www.smallbusinessflexfund.org

How it Works

A new resource to help small businesses and nonprofits access the financial support they need to thrive

How to Participate

For lenders and donors interested in supporting the Small Business Flex Fund:

Reach out to us at info@calvertimpact.org with "Small Business Flex Fund" in the subject line. Please note that our small business recovery funds are available to institutional lenders only. The minimum commitment is typically $1 million.

Supporting Lenders and Partners

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.