Yahoo Finance reports that Harvest Commercial Capital has merged with Crossroads Impact Corp, forming a strategic partnership designed to expand access to capital for small businesses—particularly in low- to moderate-income communities. The combined platform brings together Harvest’s strength in owner-occupied commercial real estate lending with Crossroads’ residential lending capabilities through its certified Community Development Financial Institution (CDFI) subsidiary.
Harvest Commercial Capital, a national originator of small business real estate loans, specializes in conventional lending and first-lien loans through the SBA 504 program. Since its founding in 2016, the firm has focused on helping small business owners access financing secured by commercial real estate. Crossroads Impact Corp complements this with a mission-driven investment approach, including its CDFI subsidiary that supports underserved borrowers, with a particular emphasis on expanding access to homeownership.
The merger reflects a shared focus on economic development and financial inclusion. By combining their respective platforms, the two organizations are positioned to deliver more comprehensive capital solutions across both commercial and residential channels. This includes expanding their ability to serve underserved markets while strengthening partnerships with banks through Community Reinvestment Act (CRA)-aligned lending and investment solutions.
Leadership from both firms emphasized alignment in mission and long-term strategy. The transaction enables deeper collaboration with institutions such as the SBA and the U.S. Treasury’s CDFI Fund, supporting broader efforts to fuel small business growth and community development nationwide.
Importantly, both companies will continue operating under their existing brands, ensuring continuity for current clients while leveraging expanded capabilities behind the scenes. As integration progresses, the combined entity is expected to scale its impact by increasing access to capital, enhancing product offerings, and extending its reach into communities that have historically faced barriers to financing.
This merger highlights a broader trend within financial services: aligning commercial lending expertise with mission-driven capital to better serve underserved markets. For small business owners, particularly those in low- to moderate-income areas, this partnership represents a meaningful step toward more accessible and tailored financing solutions.