County directory · Virginia
CDFI lenders in City of Richmond, VA
1 certified CDFI names City of Richmond or a town in it as part of their service area on their own website. 4 more are headquartered here. 1 more say they serve all of Virginia. Sources: lender websites (29 Oct 2026–4 Nov 2026), the CDFI Fund list (21 Oct 2026).
- Name this county
- 1
- Based here
- 4
- Serve all of VA
- 1
A lender naming City of Richmond on its website is a good sign, not an offer. Lenders based elsewhere may lend here too. Search your exact ZIP code in the finder to include lenders based nearby. Towns in this county: Henrico, Richmond.
Lenders compared for City of Richmond
7 with local records| Lender | Local records | Loan sizes | Head office |
|---|---|---|---|
| 1. RVA Financial Federal Credit Union Credit union, Richmond VA | headquarters here; 2 offices here | ask | 1 mi |
| 2. Champions Funding, LLC Loan fund, Gilbert AZ | 4 home loans here, 2025 | up to $3M | 1,940 mi |
| 3. Change Lending, LLC Loan fund, Anaheim CA | 4 home loans here, 2025 | up to $3.5M | 2,257 mi |
| 4. Mobility Credit Acceptance LLC Loan fund, Richmond VA | headquarters here | ask | 2 mi |
| 5. Virginia Community Development Fund, Inc., The Loan fund, Richmond VA | headquarters here | ask | 2 mi |
| 6. Bridging Virginia Inc Loan fund, Richmond VA | headquarters here | ask | 4 mi |
| 7. Peoples Advantage Federal Credit Union Credit union, Petersburg VA | website names Richmond | $500–$250,000 | 25 mi |
5 of these 7 lenders have received CDFI Fund awards, together $29M in fiscal years 1998–2024 (CDFI Fund award database; each lender page lists its awards). An award funds the lender, not a particular borrower.
Order: how many kinds of local record we hold (its website names the county or a town in it, headquarters, a branch, SBA loans or HMDA home loans for borrowers here), then the number of those records, then the head office's distance from the county centre. Loan sizes are the range the lender's website states. It is not a rating and nobody pays for a place. SBA loans: SBA 7(a)/504 data (FY2020–FY2026, 3 or more shown); home loans: HMDA 2025 originations (3 or more shown); branches: FDIC/NCUA; distances are straight lines from the average position of the county's ZIP codes.
Where these lenders have offices
5 lenders5 head offices and 3 branches or offices of 5 lenders on this page, within 30 miles of the centre of City of Richmond. Lenders with no office nearby may still lend here; many work by phone and online.
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loan types confirmed on these lenders' websites
- Auto / vehicle loans (3 lenders)
- Home mortgages (2 lenders)
- Personal / consumer loans (2 lenders)
- Small-business loans (2 lenders)
- Credit-builder loans (1 lender)
- Small-dollar / emergency loans (1 lender)
- Microloans (1 lender)
- Equipment loans (1 lender)
Banks and credit unions with a branch in this county
1 certified CDFI has at least one office in City of Richmond (NCUA branch data as of 30 Jun 2026). A branch shows presence, not a stated service area; credit unions also require membership.
CDFI mortgage lenders active here
Certified CDFIs reported 13 originated home loans for properties in City of Richmond in 2025 under the Home Mortgage Disclosure Act: 0.3% of the 4,261 home loans that all HMDA lenders reported here.
- Champions Funding, LLCLoan fund · Gilbert, AZHome mortgages4 home loans here in 2025 (HMDA)Verified
- Change Lending, LLCLoan fund · Anaheim, CAHome mortgages4 home loans here in 2025 (HMDA)Verified
Plus 4 more certified CDFIs with fewer than 3 loans here each (not listed).
A lender headquartered far away can appear here: HMDA counts the county of the property, not of the lender. Banks and credit unions below the HMDA reporting thresholds and most loan funds do not report, so other CDFIs may also lend here.
Source: FFIEC Home Mortgage Disclosure Act (HMDA) data for 2025, snapshot frozen 2 Jun 2026, loan-level records read through the CFPB HMDA Data Browser API on 3 Nov 2026. Originated loans only; applications that were denied, withdrawn or not accepted are not counted. HMDA publishes each loan amount as the middle of a $10,000 band, so totals and medians are approximate. Counts under 3 are not shown. How we match lenders.
Small business and SBA lending in City of Richmond
Official statisticsMedian household income in City of Richmond is $64,587, 31% below the Virginia figure of $93,170 (ACS 2020–2024).
Businesses here took 27.9 SBA-backed loans per 1,000 employer businesses over FY2020–FY2026: more than the median Virginia county (23.9), rank 50 of 133.
| Measure | City of Richmond | Virginia |
|---|---|---|
| Businesses with paid employees (CBP 2023) | 6,530 (3.1% of the state) | 210,842 |
| …of which under 20 employees | 83% | 84% |
| Businesses without employees (Nonemployer Statistics 2023) | 20,487 | 740,321 |
| Median household income (ACS 2020–2024) | $64,587 (31% below the state) | $93,170 |
| SBA 7(a) and 504 approvals, all lenders, FY2020–FY2026 | 182 (159 7(a), 23 504) | 6,754 |
| …per 1,000 businesses with employees | 27.9 (rank 50 of 133 Virginia counties) | 23.9 (median county) |
| Median SBA 7(a) loan, all lenders | $200,000 | $225,000 |
| …with a certified CDFI as lender, CDC or third-party lender | 4 (2%) | 84 (1%) |
| Variable-rate 7(a): median rate over prime at approval, FY2024–26 | 3 pts (74 loans; 18% at the SBA maximum) | 2.75 pts (13% at the maximum) |
Approvals by fiscal year: FY2020 24 · FY2021 15 · FY2022 18 · FY2023 22 · FY2024 39 · FY2025 35 · FY2026 29.
For comparison, not an offer. SBA figures count approvals by every SBA lender for borrowers whose ZIP code lies in the county, not only CDFIs; approval is not disbursement. Rate over prime = the SBA's recorded initial rate minus the prime rate on the approval day; SBA caps it at 3 to 6.5 points depending on loan size (current prime rate and caps: methodology).
Sources: Census Bureau County Business Patterns 2023, Nonemployer Statistics 2023 and American Community Survey 2020–2024 (table B19013); SBA 7(a) & 504 FOIA data as of 30 Sep 2026; prime rate: FRED DPRIME; SBA maximums: SBA 7(a) terms. Downloaded 15 Nov 2026. How we compute these.
SBA loans made here by CDFIs
SBA data as of 30 Sep 2026Certified CDFIs were the lender, the CDC or the third-party lender on 4 SBA approvals (3 7(a) loans and 1 504 project) for borrowers in City of Richmond in fiscal years 2020–2026, from 3 CDFIs. The 7(a) loans total $717,800 approved.
No single CDFI made 3 or more of them, so we do not name the lenders.
Counted by the county of the borrower's ZIP code. Approval is not disbursement. These are only the SBA loans of certified CDFIs; most SBA lenders here are not CDFIs, and CDFIs also lend outside SBA programs.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
CDFI lending recorded here (FY2022)
CDFI Fund data, released Dec 202451 loans and investments totaling $12.3M (median $145,000) were reported to the CDFI Fund for borrowers and projects in City of Richmond in fiscal year 2022, by 15 reporting CDFIs. More than half of these records come from a single reporting CDFI.
| Purpose (CDFI Fund category) | Count | Total | Median |
|---|---|---|---|
| Home improvement | 21 | $2.9M | $132,000 |
| Home purchase | 13 | $5M | $389,900 |
| Non-real estate microenterprise | 8 | $138,305 | $15,642 |
| Real estate: multifamily housing construction | 3 | $3.9M | $500,000 |
| Consumer | 3 | $14,400 | $300 |
| Other purposes | 3 | $454,000 |
Of 36 individual borrowers whose income was reported, 72% had family income at or below 80% of the area median.
CDFI banks and credit unions also reported 1,456 consumer loans in City of Richmond totaling $6.3M (Consumer Loan Report, tract totals, so no median); they counted 53% of them as serving low-income borrowers.
Loans and investments reported in other years: FY2018 36 · FY2019 27 · FY2020 87 · FY2021 364.
Only CDFIs that hold an active CDFI Fund award (CDFI Program, Native American CDFI Assistance or the CDFI Rapid Response Program) report these transactions, so this is not all lending by the certified CDFIs on this page. The Fund masks which CDFI made each loan, so we cannot say which lender listed here made them.
Source: CDFI Fund, CDFI/NACA/CDFI RRP Program Award Recipient Data Release, Transaction Level Report and Consumer Loan Report public files for fiscal year 2022 (released Dec 2024; downloaded 3 Nov 2026). Amounts are original loan or investment amounts as reported. Place = the 2010 census tract of each record. How we count.
Lenders whose website names City of Richmond or a town in it
Headquartered in City of Richmond
The official list gives a headquarters address here. Check each lender's page for where it lends.
- Bridging Virginia IncLoan fund · Richmond, VASmall-business loansVerified
- Mobility Credit Acceptance LLCLoan fund · Richmond, VAAuto / vehicle loans, Equipment loans, Home repair / improvement loansVerified
- RVA Financial Federal Credit UnionCredit union · Richmond, VAAuto / vehicle loans, Home mortgages, Personal / consumer loansVerified
- Virginia Community Development Fund, Inc., TheLoan fund · Richmond, VACommercial real estate loans, Energy / solar / efficiency loans, Affordable housing development loansVerified
Say they serve all of Virginia
Free help before you apply
These offices give free or low-cost advice: a Small Business Development Center or SCORE mentor can help with the business plan, cash-flow projections and paperwork most business lenders ask for, and a HUD-approved housing counselor can help with a homebuyer course, a budget or a missed mortgage payment. Some counseling agencies also lend; using their advice does not commit you to their loans. Call ahead to check hours and what they cover.
Business advice
- Women's Business Center of Central VirginiaWomen's Business Center · 1500 N. Lombardy Street, Richmond, VA 23220919-225-8339
- SBA Richmond officeSBA district office · 400 N. 8th St., Suite 1150, Richmond, VA 23219804-771-2400
- Capital Region SBDCSmall Business Development Center · 7814 Carousel Ln, Suite 100, Richmond, VA 23294804-510-1615 · about 8 miles from the centre of City of Richmond
- Richmond SCORESCORE mentoring · PO Box 2515, Midlothian, VA 23113800-634-0245 · about 10 miles from the centre of City of Richmond
Housing counseling
- Housing Opportunities Made Equal of Virginia, IncorporatedHUD-approved housing counselor · 626 E Broad St Ste 400, Richmond, VA 23219804-354-0641
- Southside Community Development and HousingHUD-approved housing counselor · 1624 Hull St, Richmond, VA 23224804-231-4449
- Virginia Housing (VHDA)HUD-approved housing counselor · 601 S. Belvidere Street, Richmond, VA 23220804-343-5534
Sources: SBA local assistance listings, read 6 Nov 2026; HUD's list of approved housing counseling agencies (open-data version last updated 9 Apr 2025). For the current list and the services each agency offers, use the CFPB's housing counselor search (it uses HUD's list) or call HUD at 800-569-4287. Offices are placed by ZIP code, so distances are approximate.
City pages in City of Richmond
Other Virginia counties
Source: CDFI Atlas, cdfiatlas.com/states/va/counties/city-of-richmond/. © 2026 CDFI Atlas. Quoting with a link is welcome; republishing the pages or the compiled data is not (terms of use).