Program Manager Natalie Hester, Business Manager Nancy Ng and Business Loan Officer Charleete Black.

South Seattle Team Has Millions in Small Business Loans to Award

Rainier Valley Community Development Fund (RVCDF) — the South Seattle nonprofit organization dedicated to economic development and small business lending—is gearing up for its annual meeting on April 26.

RVCDF Executive Director Wayne Lau enjoys helping immigrant business owners succeed and become part of American business mainstream.

Started in 2002 to help small businesses along the Martin Luther King, Jr. Way corridor stay afloat during lengthy light rail construction, the RVCDF has helped many of South Seattle’s favorite companies gain a foothold in the community, including:

  • Ezell’s Famous Chicken
  • Tutta Bella Neapolitan Pizzeria
  • The Royal Room
  • Big Chickie
  • Tin Umbrella Coffee Roasters
  • Tiny Tots Development Center
  • Rainier Health and Fitness
  • Evergreen Chiropractic Clinic
  • Valley Cities Counseling Center
  • Filipino Community Center
  • Ethiopian Community Center

The organization’s annual meeting promises to be the premier business networking event of the year for South Seattle, with representatives from the city’s Office of Economic Development expected to attend, as well as Port of Seattle commissioners, Councilman Bruce Harrell and State Senator Pramila Jayapal (37th District).

RVCDF Executive Director Wayne Lau promises a good time with great food and drinks from local eateries. Since the organization is self-sustaining, there will be no fundraising.

“Local businesses can find out how the CDF can help them,” he said. “Our team is experienced and passionate about working with local business.”

RVCDF currently has more than $4 million available to lend qualified companies and entrepreneurs.

The organization currently provides assistance to help businesses grow, attain profitability beyond basic survival and broaden their market and customer base.

Moving forward, it plans to expand its technical assistance services and increasing penetration in the South Seattle business community, especially Mount Baker and the North Rainier area.

The RVCDF annual event is planned for Tuesday, April 26, from 5:30 to 7:30 pm at the Ethiopian Community Center (8323 Rainier Ave. S.). Contact info@rvcdf.org for an invitation.

Featured: The RVCDF staff from left to right: Program Manager Natalie Hester, Business Manager Nancy Ng and Business Loan Officer Charleete Black. Photos/Derek Johnson Photography

 

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