THE WORLD ’ S FIRST WORKING CAPITAL MARKETPLACE
C2FO
A HELPING HAND
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The COVID-19 crisis has been economically devastating for companies of all sizes and backgrounds , but particularly for minority-owned businesses . Research done by the University of California , Santa Cruz , found that approximately 440,000 blackowned businesses in the United States ( over 41 %) were forced to close in response to COVID-19 . In contrast , only 17 % of white-owned businesses experienced the same setbacks .
C2FO ’ s Equity and Inclusion Program is aiming to help change this state of affairs by providing diverse supplier certification , reduced rates and access to a broadening funding ecosystem . “ We ’ re trying to help those minority segments get easier access to capital through special offers . It ’ s good for everyone and it addresses the impediments and biases that exist for those minority groups through no fault of their own ,” says Rolfe . “ That concept of economic justice and of equity inclusion is very strong in C2FO ’ s culture .” buyer and supplier , and disintermediating third parties that have become part of those interactions over time .”
We sat down with Sarda and Rolfe to discuss C2FO ’ s ongoing expansion into APAC , following more than a decade of growth in the US and a successful expansion into Europe .
THE WORLD ’ S FIRST WORKING CAPITAL MARKETPLACE
C2FO was founded in 2008 , in direct
FEBRUARY 2021