Entrepreneur Backed Assets (EBA) Fund

Entrepreneur Backed Assets Fund Welcomes Transformational $11.5 Million in Funding and $6 Million in Purchase Commitments

Funding will advance an emerging secondary market for community-based microlending for small businesses, filling a vital role in creating opportunity and equity in low-income communities.

December 2, 2021
ebafund.org

How can the financial system convert the value and promise of entrepreneurship into an asset?

How can the financial system convert the value and promise of entrepreneurship into an asset?

March 27, 2021
Promotional image for "FINTECH+ Meets EBA Fund" with headshots of Joyce Klein and Jonathan Brereton

Building an Inclusive Economy Through Community-Based Financial Institutions: A Conversation with Joyce Klein and Janie Barrera

The Aspen Institute and the Microfinance Impact Collaborative recently announced the creation of the Entrepreneur Backed Assets (EBA) Fund, which will strengthen the capacity of community-based financial institutions to lend to small businesses in low-income communities and those owned by people of color.

February 3, 2021
Photo of an "Open" sign

EBA Fund, Converting the Promise of Entrepreneurship into Assets That Build Economic Inclusion and Equity

This episode of the CRA Podcast looks at the Entrepreneur Backed Assets Fund, which has created a secondary market for small business loans.

January 30, 2021
The CRA Podcast with Joyce Klein and Brett Simmons (EBA Fund)

The Economic Recovery Of Women Entrepreneurs Will Take More Than PPP Loans

While the Paycheck Protection Program was intended to help small businesses hit hardest by COVID-19, it failed to deliver on its promise.

January 6, 2021
Shavon Marley of Marley Trucking who received a CDFI loan from Carolina Small Business Development Fund. CNote provides funding to Carolina Small Business Development Fund. Source: Marley Trucking

A New Tool to Address the Racial Wealth Gap

Businesses owned by people of color tend to be in less profitable industries because of the effects of systemic inequality and racism.

December 18, 2020

Making Small Business Lending Work for More People Without Anyone Noticing

There’s no equivalent for Fannie Mae when it comes to microloans — until now.

December 15, 2020
Accion office (Photo by Oscar Perry Abello)

A Newly Hot Approach on Loans Seeks to Close the Racial Wealth Gap

CDFIs have shown that they can provide a financial lifeline to Black, Hispanic, and female business owners who have been neglected by mainstream banks.

December 10, 2020
Photo of Rosa Funes, Paradise Flowers & Gifts, Redwood City, California.

New Fund Will Expand Access to Capital for Small Businesses Owned by Entrepreneurs of Color

The Aspen Institute and the Microfinance Impact Collaborative announced the creation of the Entrepreneur Backed Assets (EBA) Fund, which will provide critical support to community-based microlenders.

December 3, 2020
Entrepreneur Backed Assets Fund