DSLBD and the Department of Insurance, Securities and Banking (DISB) have partnered to launch the DC Capital Connector, a new online portal within the District Government that will connect small businesses with lenders and surety bonding companies. The new tool provides intelligent lender and insurance matching capabilities at no cost, giving small businesses direct access to the lenders that match their unique needs and who can provide much needed capital to grow their business. DSLBD and DISB partnered with Invest Sou Sou, a District-based CBE, local Community Development Financial Institutions (CDFIs) City First Enterprises, Wacif, Life Asset and the Latino Economic Development Corporation, and Construction Bonds Inc., an SBA-Authorized Bond Agent, to launch the online small business tool. Additional lenders and surety bond agents are currently being onboarded.
View Invest Sou Sou's demo of the platform.