Strategic assessment of Financial Institution

Released Date
July 2, 2024
Due Date
August 15, 2024
NC Rural Center
Issuer Type
RFP Source
NCRC website
# of RFP Document
Has Addendum

The NC Rural Center has issued a request for proposals to seek qualified consultants to conduct a comprehensive strategic assessment of our Community Development Financial Institution (CDFI), Thread Capital, and to inform decisions regarding the re-deployment of available small business capital. The selected consultant will evaluate Thread Capital’s current lending operations and strategy, Thread Capital’s place within micro-lending within North Carolina’s capital access ecosystem, and recommend strategies to enhance our effectiveness and impact across North Carolina, with a particular focus on rural communities and marginalized populations. In addition, the consultant will gather information, perform research, and recommend strategies for the re-deployment of approximately $60 million in small business capital.