Center of America
The mission of the Community Loan Center of America is to promote and expand employer-based responsible, affordable small-dollar lending by mission-driven community-based organizations and social enterprises as an alternative to predatory small-dollar loans.
CLC America is operated by Texas Community Capital (TCC). TCC is a non-profit lending intermediary providing loan products and development services to Texas CDCs, CDFIs and other community development organizations.
We are proud to offer an affordable small-dollar loan product through a network of local & regional non-profit lenders who provide borrowers with financial counseling, and some report the payment history to a credit reporting bureau to improve and/or build the borrowers’ credit file. Our loan product saves the most financially vulnerable hundreds of dollars in interest and fees.
Did you know?
The NEXT Awards recognizes CDFIs working in bold, new ways to expand coverage of responsible financial products and services in their communities.
In 2016, the prestigious awards program focused on the Future of Consumer Finance and selected us as a Seed Capital Awardee for our innovative strategy to expand access to responsible financial products and services in disinvested areas.