# CNote Partnership Announcement: LiftFund

We are excited to announce that CNote has partnered with [LiftFund](https://www.liftfund.com/), an industry-leading CDFI.

LiftFund is a non-profit organization originally based in San Antonio, Texas that is focused on providing capital to borrowers who may have difficulty getting a small-business loan from traditional funding sources.

LiftFund has made more than **20,000 small business loans** totaling **over $280 million** and has expanded their operations to 13 states since its founding 24 years ago.

> We’re a non-profit organization that helps small business owners with limited access to capital have a chance to live their dreams.

Formerly known as Accion Texas, Inc., you can learn more about LiftFund’s mission by watching this short video.

[We Are Now LiftFund](https://www.youtube.com/watch?v=zmP0SAVrvPk)

In addition to capital, LiftFund provides technical assistance (advising and business counseling) to small business owners in order to help them build profitable and sustainable businesses. **LiftFund has found that small business loans through CDFI’s result in an increase in business survival rate and a decrease in unemployment.** You can read some of their inspiring [success stories here](https://annualreport.liftfund.com/client-stories/).

What’s more, LiftFund has found that for every dollar they invest in small businesses, there’s a fourteen dollar net positive economic benefit at the local and state level. With that kind of economics, we know CNote capital will have a significant and lasting impact via LiftFund!

LiftFund provides economic opportunity to those often left out of the financial mainstream, including minority, low-income, and female business owners. Their portfolio consists of 85% entrepreneurs of color, 40% women-owned businesses and 10% veterans. Read LiftFund’s [special feature about their support of Hispanic-owned businesses](https://www.liftfund.com/support/a-continuum-of-opportunity-celebrating-and-building-hispanic-entrepreneurs/).

LiftFund believes that helping small businesses causes a “chain reaction” that in turn helps communities, towns, and states thrive in the long run. We at [CNote](/content/site-root.html) are extremely excited to have a partner with such a demonstrated commitment to increasing financial inclusion in America.

[Read the Full Release & Partnership Announcement](https://wpstaging.mycnote.com/wp-content/uploads/2018/10/LiftFund-CNote-bring-Impact-Investing-locally-to-level-the-financial-playing-field-for-Diverse-Entrepreneurs.pdf)