Introducing Community First Fund

A new name. But the same commitment to you.

On July 1, 2020, FINANTA merged with Community First Fund, a Pennsylvania-based CDFI dedicated to creating vibrant communities by increasing development of affordable housing units, enhancing access to food and healthcare resources, creating educational opportunities for all, and providing the funding for job-creating businesses to start up and grow.

A new leader. Dedicated to making change happen.

Earlier this year, the board of directors for both FINANTA and Community First Fund approved the merger and that the two organizations will operate under the name of Community First Fund. They also named Daniel Betancourt as the President and CEO of the combined organization. Timing for the merger has allowed for a smooth transition, as Luis Mora, founder and president of FINANTA, retired on June 30, 2020 after 24 years of building and leading the organization.

“Working with FINANTA as a partner in Philadelphia made it clear that we can achieve much more in the market by joining forces,” says Dan. “Together we are stronger, and our combined resources can only increase the number of businesses and nonprofits we can serve in the future.”

A new look. A stronger organization to help you succeed.

Over the next few months we’ll be introducing you to how our transition to Community First Fund will benefit you and our local community. Even though we’ll be changing our name and logo, what won’t change is our commitment to personal service and delivering effective financial and technical assistance to our valued clients and prospects.
About Finanta
making the Philadelphia region a hub for economic development since 1996
FINANTA, short for for FINANcing and Technical Assistance, is a mission-driven nonprofit community development financial institution facilitating access to capital and credit building services to consumers, entrepreneurs, and first-time homebuyers in the Philadelphia region. FINANTA offers a wide range of products and services, including business loans, credit building microloans, entrepreneurial training, financial education, and mortgage counseling and loans.  As a community development financial institution, FINANTA supports affordable homeownership, business expansion, community and residential development, and consumer borrowing. Since its inception, FINANTA has distinguished itself in the region’s lending sector by delivering services in a manner that is uniquely aware of the cultural, social, and language challenges immigrants, minorities and other populations face.
                 
                 
                      Products and Services

For Entrepreneurs

 FINANTA offers a wide variety of programs, loan products, and services to entrepreneurs and small business owners.

 

For Homebuyers

FINANTA has financial products and services designed to meet homebuyers’ specific needs, including residential mortgages, down payment assistance loans, and mortgage counseling.

For Consumers

FINANTA offers a number of programs, loan products, and services for consumers with diverse financial goals, such as credit building, debt payment, and savings.