Search Results
Journal Article
Understanding CDFI Financial Data: A Primer for New Investors
Community Development Financial Institutions (CDFIs) are gaining broader recognition as effective conduits of capital to underserved communities. As a result of the diversity of CDFI business models and their unique approach to blending different capital sources, these mission-driven capital providers have varied and often complex financial structures, and their financial statements can be difficult to understand for those not familiar with the sector. As interest in the sector from prospective investors has grown, so too has the need for broader understanding of how to assess CDFI financial ...
Journal Article
AI Adoption Among Small Businesses: Qualitative Insights from the Small Business Credit Survey
Nearly 40% of small business respondents to the 2024 Small Business Credit Survey (SBCS) reported either using or planning to use artificial intelligence (AI), revealing a rapidly evolving landscape of adoption among the nation’s smaller firms.Sentiments around AI adoption ranged from enthusiasm to opposition. Reported applications of AI among small business respondents were just as varied, spanning both core operations and support functions. Common applications included:-productivity tasks-marketing, social media, and search engine optimization-developing written communications-visuals ...