Access to Capital AND Responsible Lending
Throughout Greater Bridgeport, CommCap loans are improving both the economic and physical landscape, revitalizing neighborhoods and serving as catalysts for community success. CommCap’s philosophy is simple – we are practical idealists with a mission. We believe in making capital accessible to individuals, businesses or projects when banks won’t, but we do so, by adhering to underwriting standards and responsible lending practices that banks understand. Our current loan portfolio reflects this philosophy:
- CommCap’s loan losses are less than 1% of portfolio
- CommCap ‘s loan loss reserves are maintained at an average of 10.5% of portfolio