Lending that redefines what’s worthy of investment.
Launched in 2019 to accelerate the growth of the field, REDF Impact Investing Fund (RIIF) provides flexible capital and terms that help employment social enterprises to grow. A certified nonprofit Community Development Financial Institution, RIIF offers a variety of loan products to suit diverse capital needs and leverages relationships with other lenders to help entrepreneurs build their capital stack so they may achieve larger growth and impact.
From underwriting to portfolio management, RIIF’s high-touch partnership builds borrower creditworthiness and demonstrates how flexible loan terms, combined with support provided by our in-house capacity building team, can strengthen borrower performance and attract new sources of capital to the field.
The ImpactÂ
31
loans closed to date
$10.3M
in capital deployed
$5.7M
in repayments
$11.3M
in capital raised
100%
of advisory council identify as BIPOC
64%
of enterprises are BIPOC led
55%
of entrepreneurs have lived expertise
Our Portfolio
RIIF continues to grow its nationwide presence, with borrowers from across the U.S. View all RIIF borrowers.
We're less intimidated about borrowing now and have a much better understanding about what to expect.
This process forced us to really button up - it was a lot of work, but good work. It felt like the team also had the best intentions for us, so that made us feel safe.
I'm learning what the value of peace of mind is. A loan helps with this. I feel like this prepared me for growth.
Carl PhinneyFounder & CEO, Opportunity Construction
Brandon SmithCo-Founder, Forestry and Fire Recruitment Program
Anthony ArmourCEO, Neighborhood Industries
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Do you run a social impact business that hires overlooked talent?
We’d love to learn more about you and your potential fit with our programs.