TOP OF CBAC Unity Statement

C.B.A.C., also known as Cooperative Business Assistance Corporation, is The Beacon for Small Business LendingCBAC web color ALPHA_edited.jpg

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Nondiscrimination Compliance Statement

CBAC Updated Unity Statement

Cooperative Business Assistance Corporation (CBAC) provides all our products and services to small businesses based solely on concept, viability, and financial eligibility, regardless of race or other characteristics. Our lending practices adhere to non-discriminatory underwriting standards and best practices. We serve the Southern New Jersey and Philadelphia markets without any set-aside programs or targeted services for specific groups in accordance with federal law and prudent lending standards.

CBAC does not have Diversity, Equity, Inclusion, and Accessibility (DEIA) specific products or services. Our portfolio's growth is organically based on our commitment to serving all eligible businesses in our market area, which is evaluated on individual creditworthiness.

We affirm that our products, services, policies, and procedures comply with the Executive Order: Ending Radical and Wasteful Government DEI Programs and Preferencing... CBAC is committed to equal opportunity in lending, ensuring that every applicant is evaluated fairly and individually, without presumptions based on group characteristics.

To further demonstrate compliance, we regularly review our practices to ensure they align with federal anti-discrimination laws and promote opportunities for all businesses in our service area in accordance with Executive Order: Ending Radical and Wasteful Government DEI Programs and Preferencing and Initial Rescissions of Harmful Executive Orders and Actions.

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