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Fresh Start Fund

CEO Fresh Start Fund Highlights

The Fund will offer refugees and other humanitarian entrants capital to build credit, finance cars, start businesses, pay for training and meet unanticipated expenses. Other quick highlights:

  • At launch loans will be available in 16 states; the Fund will underpin CEO’s expansion into over 20 states within the next two years
  • Loans accessed through CEO’s growing network of community-based organizations with unique capacity to serve newcomers
  • Loans offered in tandem with financial education and coaching provided by community partners
  • Between 85% – 95% of borrowers & financing will go to refugees or humanitarian entrants
  • Humanitarian entrants within their first two years receive further discounts on our already-low rates
  • 75% of borrowers will be members of low-income households
  • The Fresh Start Fund will maintain a 95% repayment rate

More info on the Fresh Start Fund can be found here.

Want to learn more? Contact Kasra.Movahedi@rescue.org or Joshua.Geary@rescue.org

*This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make such offer or solicitation in such jurisdiction, nor shall there be any offer to sell or the solicitation of an offer to buy any securities in any state or jurisdiction in which such an offer or solicitation would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction*

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