Our Story.

We were founded in 1990 to promote economic opportunity for all.

As a 501(c)(3) nonprofit and certified community development financial institution (CDFI), we are passionate about supporting small businesses.

We support communities by helping entrepreneurs build the businesses of their dreams—because those who go into business for themselves should never be left by themselves.

Providing small business loans, training, and research to support entrepreneurs. 


Our Team

Our team brings a high level of competency, professionalism, dedication, and vision. The extraordinary passion the team brings for quality and excellence is reflected in all of the services we offer.

Our Board

We have assembled a diverse and highly skilled board of directors with varying experiences that will significantly aid in achieving our mission to promote, create, and protect economic opportunity for everyone.

Our Vision

To create economic opportunity for all people.

Our Mission

To foster economic development in underserved communities by providing capital, business services, and policy research to support small businesses.


A partner for 

small business 

in the Carolinas.

A trusted

business guide.

A small business advocate.

An accessible

funding resource.



Paulette Dillard, Ph.D.

CSBDF Board Chair

President, Shaw University

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Ted Archer

CSBDF Board Vice Chair

Vice President & Head of Small Business Forward, JPMorgan Chase & Co.


Nancy Stroud

CSBDF Board Secretary

Bank of America Executive (retired)


Tiffany McNeill

CSBDF Board Assistant Secretary / Treasurer

Economic Development Director, Town of Fuquay-Varina


Rodrick Banks

Vice President, Senior Community Relations Consultant Charlotte and Western Atlantic, Wells Fargo


Joseph L. Fox, Ed.D., M.B.A., PHR

Fox Management Consulting Enterprises, LLC

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Larry Garcia

Chief Lending and Asset Management Officer,

National Association for Latino Community Asset Builders (NALCAB) 


Huntley Garriott

President, Live Oak Bank


Jeffrey E. Hastings

Senior Vice President, Commercial Banking, Truist

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Grace L. Nystrum

Senior Vice President, Strategic Marketing Executive,

Bank of America

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Frank Pollock

President, The Pioneer Group


Bobby Robinson

Member, Nexsen Pruet