Initiative Capital Earns Investment-Grade Aeris Certification

-Tara Campbell | Sr. VP, Lending and Investments

Initiative Capital recently completed a rigorous evaluation process conducted by Aeris, the CDFI rating agency, which is widely recognized as the “gold standard” for the CDFI industry. Based on its financial track record Initiative Capital was determined to be an “investment-grade” loan fund. Further, it was rated as having substantial community impact and as being a leader in shaping effective public policy. This rating from Aeris will be a substantial asset as Initiative Capital continues to grow.

This rating from Aeris confirms we are a sound organization, with satisfactory financial strength, performance and risk management practices relative to our size, complexity and risk profile.  Having this rating credentials us alongside of the largest and top performing CDFIs in the nation, which is important to potential investors.  I am extremely proud of the work we do, and am encouraged by what we’ve learned and where we’re headed.

Initiative Capital investments work across the state to build thriving communities for all.  To learn more about opportunities to help your community please visit the Initiative Capital main page.

 

Many thanks to our sponsors

BB&T Oak Foundation Z Smith Reynolds Foundation Wells Fargo PNC Suntrust Kate B Reynolds Charitable Trust Local First Bank Fifth Third Bank First Tennessee Bank