1131 W. Conway Road, Suite A.

 

Harbor Springs, MI 49740

 

Ph: 231-347-6753

 

Fax: 231-347-6786

Northern Shores Loan Fund
Board of Directors

 

 

Northern Shores Loan Fund (NSLF)

 

Northern Shores Loan Fund, Inc. is a certified native Community Development Financial Institution (CDFI) offering business loans and business assistance to entrepreneurs in Antrim, Charlevoix, Cheboygan, Emmet, Grand Traverse and Kalkaska counties.

Our Mission

 

Northern Shores Loan Fund, Inc., a nonprofit corporation assists entrepreneurs of Northern Michigan with training, business incubation, and access to capital that fosters economic development for the Northern Michigan community.

 

Statement of Purpose

 

The Corporation was formed for charitable and educational purposes to promote economic and social development for the Little Traverse Bay Bands of Odawa Indians (LTBB).  This will include training, technical assistance, business incubation and a loan fund for potential and existing entrepreneurs who may or may not be tribal citizens of LTBB.

 

Recent News From NSLF:

Treasury Announces Awards to Organizations
Serving Low-Income and Native Communities.

Northern Shores Loan Fund, Inc (NSLF), a Native Community Development Financial Institution (CDFI) has been selected to receive a U.S. Treasury Department CDFI award for 2012.  The grants were recently announced in Milwaukee, Wisconsin by CDFI Fund Director, Donna J. Gambrell and Treasury Deputy Assistant Secretary, Don Graves.  "This years awardees will continue to provide vital financial services in low-income areas that are typically overlooked by traditional lenders, bettering the lives of Americans nationwide," stated Gambrell at the presentation.

This is the sixth year that NSLF has been awarded a grant from the CDFI's NACA program.  Only 210 organizations were selected for awards this year, and of these, only  18 awards were granted to Native CDFI's.  NSLF's 2012 award will provide continued financial and technical assistance to start-up and existing businesses within its six county service area in Northern Michigan, including Antrim, Charlevoix, Cheboygan, Emmet, Grand Traverse and Kalkaska counties. 

Upcoming Business Spotlight

Something is brewing in Northern Michigan!  Beards Brewery open doors in downtown Petoskey, Michigan.

CDFI Fund Announces First Group of Native CDFIs Participating in “The Leadership Journey” Training Series

Added 4/17/2012

 

Washington, DC - Sixteen certified Native Community Development Financial Institutions (CDFIs) will be the first participants in the Community Development Financial Institutions Fund’s (CDFI Fund) Capacity Building Initiative training series designed specifically for Native organizations.