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Impact Themes
Financial Services

cNote operates as a fund of funds investing in CDFIs located in the United States.  CDFI partners then invest in a wide variety of small businesses with an emphasis on women and other unde rrepresented groups.

Investing Strategy
Fixed Income

cNote raises capital through the sale of fixed rate promissory notes to retail and institutional investors.  These Notes have a target return of 2.5 – 3.5%.  Note holders can redeem notes on a quarterly basis with a 10% per quarter limit.  The notes are senior and benefit from some collateral enhancments at the CDFI level.  cNote also maintains a first loss pool.



2323 Broadway
Oakland, CA  94612

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