Working Solutions and Renaissance Entrepreneurship Center are pleased to announce the launch of a new Small Business Revolving Loan Fund to serve San Francisco’s District 10. Funded by the D10 Implementation Committee, this Loan Fund will provide affordable capital and free consulting to businesses located in Bayview Hunters Point and other D10 neighborhoods. Applications will be accepted on a rolling basis. Learn more and apply here.

Working Solutions is thrilled to announce that Bank of the West has made a renewal grant to support our ongoing COVID-19 relief efforts. Special thanks to all of the Bank of the West team members who volunteer to support our work and who keep our partnership strong. We look forward to continued work together on behalf of small businesses across the Bay Area. Thank you, Bank of the West!

Exciting news! Working Solutions has disbursed $4.33 million in COVID-19 relief grant dollars to 1,012 small businesses across the Bay Area since March. To put that number into perspective, this means that we have doubled the number of businesses funded in our 20-year history in just the last nine months. Grants have been made through programs in Sonoma County and the cities of Oakland, Albany, and Napa. Thank you to the partners and funders who made these grant programs possible.

As the Bay Area responds to the latest stay-at-home orders, Working Solutions remains deeply committed to supporting the small business community. We are serving as a financial first responder with affordable capital and free consulting; we are updating our COVID-19 Resource Guide daily with actionable content for small business owners; and we are proud to promote shopping small and local with the Working Solutions Client Directory. Read more in the latest message to our community from CEO Sara Razavi.

In honor of Giving Tuesday, please consider making a gift to Working Solutions. Since March 2020 and the start of the COVID-19 pandemic, Working Solutions has served more than 1,000 small business owners with microloans, grants, and free business consulting support to help weather the crisis. Join us by donating today. Thank you to all of the generous institutions and individuals who make our work possible!

Throughout this busy holiday shopping season, Shop Small and Shop Local. Check out this article to learn more about how Wells Fargo is lifting up small businesses and nonprofits like Working Solutions that support the small business community. Visit the Working Solutions Client Directory to find perfect gifts for everyone on your list. Image Credit: Wells Fargo.

Today, Governor Gavin Newsom announced the California Rebuilding Fund, an initiative designed to support California’s smallest businesses as they adapt, reopen, and recover from the effects of COVID-19. Working Solutions is proud to be participating as a community lender in this program. Learn more at www.CALoanFund.org.

Thank you to Bank of Marin for featuring Working Solutions in the Silicon Valley Business Journal’s Giving Guide! We are so grateful for the opportunity to highlight our work with local small businesses in the South Bay like Alloko Garden, Wildflower Remedy, Progeny Coffee, and Soturi Kitchen. Thank you, Bank of Marin!

Working Solutions is thrilled to announce that we have been selected as a 2020 Neighborhood Builder by Bank of America! Thank you to Bank of America for this wonderful opportunity. Check out this article in the San Francisco Business Times to learn more about our partnership and how Working Solutions, Opportunity Finance Network, and our fellow CDFIs are serving as financial first responders to support economic recovery during these challenging times. Photo credit: Nona Lim.

From November 9-12, Working Solutions was proud to join our CDFI peers and partners to address the theme of ‘Finance Justice’ at this year’s virtual Opportunity Finance Network (OFN) conference. The conference featured inspiring speakers, energizing sessions, networking opportunities, and more—including a session led by Working Solutions CEO and OFN Board Member Sara Razavi.

Working Solutions client GW ‘Chef’ Chew, founder of Something Better Foods, was a guest speaker at the National Urban League’s Small Business Entrepreneurship Summit on November 10. This virtual event was sponsored by Wells Fargo and featured leaders across a diverse set of industries who provided guidance on how to retool, rebuild, and rebrand in a COVID-19 world.

The San Francisco Entrepreneurs of Color Fund is a collaborative effort by CDFIs Working Solutions, ICA, and Pacific Community Ventures and funded by JPMorgan Chase to expand lending to local business owners of color. A newly released report by the Aspen Institute’s Business Ownership Initiative documents experiences, lessons, and outcomes of the Fund and offers insights for other organizations to consider in their approach to this work.