Company News
Career Opportunity
Commercial Loan Officer CIC has an opening for an energetic self-starter with commercial lending experience who is willing to learn the intricacies of U.S. Small Business Administration (SBA) loan programs and other loan programs offered by CIC; is focused on quality customer service; and is flexible in his/her approach to working with lending partners and […]
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$3.5 Million EDA Fund for COVID19 Relief
Community Investment Corporation is pleased to announce the availability of a new loan program targeted for small businesses. CIC received a nearly $3.5 million grant to provide loans to assist in the recovery of Connecticut businesses in Fairfield, New Haven, Litchfield, and Hartford counties. These funds, from the Economic Development Administration (EDA) at the U.S. […]
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DeLauro, Himes Announce COVID-19 Relief Program with Community Investment Corporation
“Our small businesses and entrepreneurs are critical to the fabric of our economy and our community. The federal government must step in and do its part to help small businesses reopen safely and recover.” Congresswoman Rosa DeLauro NEW HAVEN, CT — Congresswoman Rosa DeLauro (CT-03) and Congressman Jim Himes (CT-04) today joined Mark Cousineau, President of […]
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MicroNOW Loans Offer Cash Relief
As you know, the SBA has stepped up in a big way to assist small business owners (and their employees) impacted by the COVID-19 shutdown. Many in CT and RI have taken advantage of SBA loan programs funded through the CARES Act (EIDL and PPP). Despite best efforts to get cash into the hands of […]
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Small Business Owner’s Guide to the CARES Act
The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. When implemented, there will be many new resources available for small businesses, as well as certain non-profits and other employers. This guide […]
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Bridge Loans for Small Businesses
BRIDGE LOANS AVAILABLEThe Connecticut Department of Economic and Community Development (DECD) has finalized their Connecticut Recovery Bridge Loan Program to provide emergency cash flow relief to small businesses and nonprofits that are negatively impacted by the coronavirus. The state has several programs and initiatives in place to assist businesses during this difficult period.For more information, […]
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Send Thank-You Beer
Many thanks to Congressman Jim Langevin (RI) for the wonderful summer reception at Proclamation Ale Company last night! Congressman Langevin’s office hosted a thank-you reception for the folks who participate in his congressional advisory committees. These committees are made up of Rhode Island business leaders, community groups, and constituents with expertise in each area: veterans, seniors, housing, the food […]
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2019 Was a Great Year for Connecticut Businesses
SBA lending in Connecticut increased 8% in total dollars loaned for the fiscal year that ended September 30th. The SBA approved 776 loans consisting of 661guaranteed loans, 64 – 504 loans and 51 microloans for a total of $314 million! (Source: CT SBA) This is great news for small-to-medium sized businesses throughout the state. As banks continue to work with […]
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New England Financial Services Champion
We are super proud to announce that our very own Buck Harris has won the 2018 New England Financial Services Champion award from the regional SBA district office. Read all about it in the Rhode Island Small Business Journal.
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