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Latinx and Undocumented Businesses Owners Affected by COVID-19 Get More Debt Funding from Camino Financial

July 28, 2020 / Camino Financial, Inc.

Camino Financial, a Fintech that provides affordable loans to small businesses, announced raising debt funding to lend to underserved Latinx- and Undocumented-owned businesses in Colorado.  The debt funding will come from San Francisco-based impact investor, Community Investment Management (CIM). "As we approach the end of the PPP loan program, we're seeing the majority of the funds disproportionally left behind black- and brown-owned businesses," said Sean Salas CEO of Camino Financial. "With the uncertainty of the effectiveness of another stimulus round, Camino Financial is proud to partner with CIM in effort to deploy alternative sources of private capital to help underserved communities that largely contribute to the economy as a whole."