![]() ![]() Learn more at: SOURCE Camino Financial, Inc. ![]() Camino Financial also provides small business owners with free access to business resources on its blog. The company is headquartered in Los Angeles and operates another office in Mexico City. By partnering with Camino Financial, we will get capital to underserved small businesses quickly and efficiently so they can keep themselves afloat."Ĭamino Financial is a data-driven fintech platform pioneering affordable credit and financial products for U.S. "Fintech lenders like Camino Financial offer the potential to act more quickly than traditional lenders through a fully digital process to reach underserved borrowers at scale. Learning from the challenges his mother faced as a restaurateur, Sean Salas co-founded Camino Financial with one clear mission: Leave no small business. Office hours for in-person services at the Financial Aid Lab, SSB-229 are Monday-Thursday (8 a.m. The economic fallout of COVID-19 has created an unprecedented crisis and disproportionately affected Latinx and undocumented business owners," said CIM Managing Partner Jacob Haar. Torrance, California 90506 Attn: Financial Aid Office Our campus address is 248 Student Services Building (SSB). "We are excited to partner with Camino Financial, which reaches so many of the small businesses we want to serve with this initiative. The initial focus of the initiative will be on underserved small businesses in Colorado, although CIM envisions this partnership as the first stage of a broader Fintech COVID-19 Response Initiative expected to scale at a national level across many underserved demographics and best-in-class FinTech partners. ![]() By unlocking capital for these underserved. In particular, Camino plans to extend these funds to undocumented-immigrants who currently do not have access to government relief funds. Camino Financials purpose is to invest in opportunity, believe in ideas and back minority-owned small businesses. "With the uncertainty of the effectiveness of another stimulus round, Camino Financial is proud to partner with CIM in effort to deploy alternative sources of private capital to help underserved communities that largely contribute to the economy as a whole."Ĭamino Financial has built a database and AI-driven credit underwriting model to fund the underserved Latinx business community at lower rates and better terms compared to market benchmarks. Camino Financial is the first AI-powered Community Development Financial Institution ('neo-CDFI') expanding access to credit for underserved Latinx entrepreneurs in the U.S. "As we approach the end of the PPP loan program, we're seeing the majority of the funds disproportionally left behind black- and brown-owned businesses," said Sean Salas CEO of Camino Financial. The debt funding will come from San Francisco-based impact investor, Community Investment Management (CIM). Financial information for each separate entity in the District, including El Camino Hospital and Affiliates, are shown in the supplemental schedules of these reports.LOS ANGELES, J/PRNewswire/ - Camino Financial, a Fintech that provides affordable loans to small businesses, announced raising debt funding to lend to underserved Latinx- and Undocumented-owned businesses in Colorado. Independent Auditor's Reports including Consolidated Financial Statements with Supplemental Information are located on the El Camino Healthcare District web site. The company builds proprietary credit assessment and data aggregation AI to identify, price and provide affordable loans tailored to. The following files contain the slides presented at the regular Board of Directors meetings, held monthly at Mountain View Hospital (El Camino Hospital).įor more details or to view the video presentation of these slides, visit the El Camino Hospital Board of Directors archive section of this website. Camino Financial an AI-powered community lending platform offers affordable credit and wealth building solutions to overlooked entrepreneurs. Board of Directors Financial Presentations ![]()
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