I'm personally very excited to watch them grow," continued Haar. "Our goal is to scale financial services to this underserved segment of the market, and we're very proud to serve as financing partners of Camino Financial. "Community Investment Management is focused on providing strategic debt capital to responsible fintech," said Jacob Haar, Co-Founder and Managing Partner of CIM. micro-businesses, resulting in a scalable effect in these underserved areas. CIM's credit facility will get used to providing innovative debt financing for these qualifying U.S. and providing two-thirds of net new employment. Micro-businesses face capital access challenges despite accounting for 44 percent of economic activity in the U.s. In addition, Camino Financial is now one step closer to reaching its target of 1 billion dollars in lifetime mortgages by the end of 2023, thanks to CIM's new financing facility. In July 2021, the firm will have reached a loan origination milestone of 100 million dollars. "Through this strategic partnership, we will aim to innovate and scale many wealth building credit products tailored to overlooked entrepreneurs across America."Ĭamino Financial's blend of community-driven relationships and AI technology results in financing loans with monthly payments generally 40 percent cheaper than comparable products.
"We are excited to make big strides towards our goal of $1 billion in lifetime loans with this debt investment from CIM," said Sean Salas, Chief Executive Officer of Camino Financial.
If you chose a business loan, select if you have been in business for under.
#Camino financial login full#
The procedure of application includes a few steps: Fill in your full name, email address, and phone number, or sign into your account Choose if you want to take a loan for business or personal purposes. Camino Financial collaborates with impact investing business Community Investment Management to accelerate economic growth in neglected communities.įremont, CA: Camino Financial, an AI-powered community lending platform that provides affordable loans and wealth-building solutions to underserved entrepreneurs, closed a 150 million dollars debt facility with Community Investment Management (CIM). You can call +1 (800) 852-0655 or fill out its online application.
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