Chelsea Business Foundation
$37,500 Debt Financing - Line of Credit
Chelsea Business Foundation (CBF) is a non-profit organization whose mission is to promote a healthy business economy and to support the growth and prosperity of Latino and small businesses in Chelsea, Massachusetts.
Financing Purpose & Date:
Executed in December 2020 and in collaboration with Boston Impact Initiative, this line of credit will assist CBF in continuing its business support grant program where approximately 50% of recipients are small food businesses.
Fair Food Fund's investment will assist businesses impacted by COVID-19 while also connecting Latino and small businesses of Chelsea to greater prosperity.