We are a mission based, TN 501c3 nonprofit CDFI (community development financial institution) based in Memphis, TN. As drivers of economic development in low to moderate income census tracts, we exist to provide a platform of readiness for and access to capital up to $250,000 for entrepreneurs underserved by traditional lenders.

As a result of our work we look to “accelerate shared prosperity” through more bankable, community focused businesses that promote job creation, reduced blight in commercial corridors, and access to capital equity.

Yes, we serve the Shelby County area which includes the greater Memphis, TN area with a specific focus on low to moderate income areas of the city.

Our process starts by clicking the “Let’s Get Started” button. You’ll complete a comprehensive form telling us more about your business and your needs. Our lender will contact you to discuss your business further to determine which loan product is best for you.

If we determine you’re loan capital ready we will provide you the link for our loan application process. If we determine with you that you can use support to become loan capital ready, we will connect you with our business support platform and subject matter experts to provide you the resources needed.

Visit the Lending Options tab above where we provide you a comprehensive list of required documents and information

We evaluate six (6) key areas of a loan applicant to determine the businesses’ ability to obtain and repay a loan request. Specifically we look at community impact, debt to income, debt to assets, available cash, available collateral as a secondary source of repayment, and personal credit history.

From that evaluation we determine in underwriting whether we will approve, decline, or counteroffer the loan application.

At this time no, we do not provide loan capital for non owner occupied real estate investment as a landlord. We can help you connect with the dozens and dozens of lenders who specialize in that space.

River CIty Capital has a proven track record of providing low cost capital to entrepreneurs in Memphis, TN through an array of custom tailored loan products. Banks and financial institutions benefit directly from our double bottom line approach. As a qualifying activity for CRA, banks receive CRA exam credit and positive financial return for helping us build disinvested communities through small business development. In addition, banks are able to purchase our LMI small business loans in a streamlined fashion.

Visit our Donate tab above to learn more about how your in kind gift goes direct to supporting and promoting our programs for providing readiness for and access to capital for entrepreneurs!