Beachwood Business Compass

Beyond the Bank: Alternative Financing for Small Businesses


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This month’s Beachwood Business Compass podcast explores alternative financing options for small businesses outside traditional banking institutions in Beachwood and the greater Cleveland region. The discussion features the Economic & Community Development Institute (ECDI), a leading SBA microloan intermediary and Community Development Financial Institution, and the Hebrew Free Loan Association (HFLA) of Northeast Ohio, a provider of interest-free loans since 1904. 

Together, these organizations take a holistic approach to lending, supporting small businesses with working capital, debt consolidation, training and certification loans, and other nontraditional financing options. Guests Jasmon Dixon of ECDI and Carrie Miller of HFLA share how their programs go beyond funding to help small businesses grow and succeed.

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Beachwood Business CompassBy City of Beachwood's Office of Economic Development