The annual report for the Momentus Capital branded family of organizations showcases the mission of growing small businesses and driving economic resilience nationwide.
July 28, 2025 (Arlington, VA/San Diego, CA) – In 2024, the Momentus Capital branded family of organizations provided small business entrepreneurs, community leaders, and the communities they serve with more than $450 million in much-needed financial capital — as well as training, networking, and other opportunities.
This continuum of capital helped small businesses launch and grow, created and preserved jobs, expanded access to important services, and strengthened the economy in several regions throughout the United States.
This impact is detailed within the Momentus Capital branded family of organizations’ annual report for the 2024 fiscal year (January 1-December 31, 2024).
“The Momentus Capital branded family of organizations is continuing to expand access to capital for businesses, borrowers and communities,” said Ellis Carr, President and CEO of Capital Impact Partners and CDC Small Business Finance. “We are growing small businesses; helping entrepreneurs thrive; creating jobs and greater access to affordable housing, health care and healthy food; and driving economic resilience and growth in communities throughout the United States.”
The Momentus Capital branded family of organizations includes Capital Impact Partners, CDC Small Business Finance and their affiliates, Momentus Direct Capital and Momentus Securities (an SEC-registered broker-dealer, MSRB-registered, and a FINRA/SIPC member).
Momentus Capital Provides Financial, Social and Knowledge Capital for Small Businesses and Community Development
The $450 million in financial capital deployed by the Momentus Capital branded family of organizations in 2024 includes:
- More than $194 million in community development lending, which increases access to critical social services such as health care, education, healthy food, affordable housing, cooperatives, and dignified aging facilities.
- More than $197 million in commercial real estate loans for small business owners, including SBA 504 loans. These loans help entrepreneurs like Tania Herbert purchase a building for her financial services firm in Monrovia, California; Juan Gonzalez Sr., who acquired the property he had long been renting for his pallet supply company in La Puente, California; and Danielle Collazo, who purchased a building for her window blinds company with plenty of retail and warehouse space.
- More than $53 million in loans for small business owners, including SBA 7(a) Community Advantage SBLC loans. Among those helped in 2024 were Esmeralda and Octavio Polanco, owners of a roofing supply company in Fort Worth, Texas, who needed funding for working capital, inventory, equipment, furniture, and fixtures in their retail and warehouse space; a construction and design company in San Diego that was seeking working capital; and Torri Hicks, who owns a business startup center and consulting firm in Detroit.
- More than $4 million in impact investments to help companies create greater impact in their communities. These investments are specifically designed to provide entrepreneurs with options beyond traditional debt — and beyond traditional venture capital with an equity stake — to ensure that they maintain control of their companies. For example, 4P Foods received non-dilutive growth capital to help its mission of supporting farmers and providing communities with access to healthy food.
Financial capital also contributes toward many of the factors that help communities thrive, including economic security, education, housing, food access, access to healthcare services, and social support networks. For example, the funding the Momentus Capital branded family of organizations provided in FY 2024:
- Served 558 small businesses and developers
- Created or preserved 5,533 jobs
- Funded educational facilities and businesses serving a total of 763 students, including a new elementary school in Houston; a new building adding more classrooms for an elementary school in Canoga Park, California; and converting a building into a school for pre-K through eighth grade in Pasadena, Texas.
- Funded healthcare facilities and businesses serving a total of 65,000 patients, including federally qualified health centers in South Los Angeles and Winnfield, Louisiana; and a health, dental and cultural center in Oakland, California.
- Funded healthy food businesses providing an estimated 17,000 people with expanded access to food, including funding for a food-related small business in Brownsville, New York, a community known to be a food desert.
- Funded the creation or preservation of 1,396 affordable housing units, including a 100-unit building in Washington, D.C.; a 150-unit property in San Antonio, Texas; a 40-unit property, many of which serve formerly unhoused individuals in Los Angeles; the conversion of a former office building in Newark, New Jersey, into a mixed-use development that includes affordable housing; and a 118-unit mixed-income building featuring affordable housing in Queens, New York.
Financial capital isn’t the only way to support entrepreneurs and communities. Knowledge capital (what you know) and social capital (who you know) are also crucial. That’s why, in 2024, the Momentus Capital branded family of organizations also:
- Provided 399 small businesses with 6,048 hours of business advising, at no cost, in order to help them succeed
- Provided 82 real estate developers with training, mentorship, and potential pathways to financing through a free months-long program for emerging developers in four regions, including the first program in Atlanta — as well as a two-year program for more experienced developers in the Washington D.C. region and a four-year program for more experienced developers nationwide.
And the Momentus Capital branded family of organizations continues to utilize innovative solutions that help communities. Leading by example also encourages other mission-driven lenders and industry leaders to incorporate similar approaches.
These innovative solutions include Momentus Securities, an SEC-registered broker-dealer, MSRB-registered, and a FINRA/SIPC member. Momentus Securities seeks to remove the logjam that community-centric mission-driven lenders often confront: They can’t scale up unless they have more liquidity, and they can’t get more liquidity unless they move loans off their balance sheets. In 2024, Momentus Securities provided 17 mission-driven lenders with $163 million in liquidity.
The Momentus Capital branded family of organizations also helped other lenders throughout the country, amplifying our collective impact, through Ventures Lending Technologies, which was an affiliate of CDC Small Business Finance before merging with Lenders Cooperative as of February 2025. Ventures is a premier cloud-based commercial lending platform, which offers services throughout the entire lifecycle, from a borrower prospect to loan payoff. In 2024, community lenders across the country used Ventures to streamline their work providing capital to businesses and communities, enabling $19 billion in financing.
Read Momentus Capital’s FY2024 Annual Report.
###
About Momentus Capital
The Momentus Capital branded family of organizations refers to the combined operations of Capital Impact Partners and CDC Small Business Finance, as well as their affiliates: Momentus Direct Capital, and Momentus Securities (an SEC-registered broker-dealer, MSRB-registered, and a FINRA/SIPC member). While each organization under the Momentus Capital brand still operates as a separate entity, their clients now have access to more resources and products.
The Momentus Capital branded family of organizations is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. We offer a continuum of financial, knowledge, and social capital through a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology solutions that advance locally-led solutions.
Leveraging more than 80 years of combined experience, more than $3 billion in assets under management, and strong community engagement, the Momentus Capital branded family of organizations has delivered $24 billion in financing, created and preserved 298,000 jobs, and served 14,350 small businesses and 6 million people across our history.
With headquarters in Arlington, Virginia, and San Diego, California, Momentus Capital operates nationally with a focus on larger urban areas and cities in Arizona, California, Georgia, Michigan, Nevada, New York, Texas, and the Washington D.C. metro area.
Learn more at momentuscap.org.