What does NCIF stand for?
NCIF stands for the Nature Capital Investment Fund. NCIF is a business loan fund that provides debt and equity financing to small and emerging businesses located in our four-state service area. NCIF is certified as a “community development financial institution fund” (CDFI) by the U.S. Department of the Treasury’s CDFI Fund. CDFIs are private, specialized financial institutions that are targeted to borrowers who cannot meet the credit standards of traditional financial institutions because of perceived credit risk. NCIF, like other CDFIs operating around the country, provides a wide range of flexible financial services to businesses located in economically distressed urban and rural communities. NCIF is also certified as a Community Development Entity (CDE) by the U.S. Department of the Treasury, having met the eligibility requirements set forth in the New Markets Tax Credit (NMTC) Program statute.
