Building Success In Underserved Communities to Underbanked Small Businesses
The MLWG is the unified voice of SBA Certified Community Advantage Mission Lenders
Organized in 2015 and staffed by The Feighan Team, a leading mission-driven advocacy and lobbying firm based in Washington, DC, The Mission Lenders Working Group is a network of SBA certified Community Advantage (CA) nontraditional small business lenders including SBA Certified Development Companies (CDCs) and Treasury certified Community Development Financial Institutions (CDFIs) located in urban and rural areas across the country.
Members see their organizations as a coalition and stewards of the SBA Community Advantage Loan Guaranty Pilot program with a shared commitment to financing, supporting and sustaining underserved and underbanked small businesses.
What
We
Do
The Working Group keeps federal policy makers, including Members of Congress and SBA leadership informed on how and where CA lenders are working, the types of business owners and entrepreneurs benefiting from CA loans, and the important work mission lenders are doing with the backing of an SBA loan guarantee.
The Working Group convenes quarterly calls for participating Community Advantage lenders to share challenges and best practices, engage with SBA program staff, and discuss and resolve CA program issues.
The Working Group is committed to securing permanent status for the Community Advantage loan guarantee program so that participating lenders can continue to finance small businesses that traditional 7(a) lenders are unable to serve, especially during the COVID-19 pandemic.