Friday Oct 25, 2013

Building More Sustainable Communities

Chris Walcott

President Semble

Semble has a vision of profoundly impacting every community in America by significantly lowering the cost of loans to local nonprofits, and freeing up millions for mission while strengthening community partnerships. This is accomplished by uniting socially-intentional investors with theirnonprofitā€™s loan needs. As a result, nonprofits lower their monthly payments and supporters of those organizations see a financial and social return.

For the last 5 years, Chris and his business partner (Todd Tarbert) have been coming alongside local nonprofits to more intentionally address the loan needs.Ā  With millions in freed resources already realized, Semble is now beginning to expand to new states with the focus of reaching across theĀ country with this approach. As an example, just last month a childrenā€™s camp was able to refinance its loan where the effective rate on the loan was 1.78% (down from almost 7%) that they were previously paying through traditional bank financing.

About the Speaker

Chris serves the nonprofit world by facilitating solutions for their capital needs or financial situations by utilizing Sembleā€™s technology platform. With over ten years in the financial services industry, he has worked extensively with nonprofits offering consulting services in the areas of debt financing, capital restructuring, and partnership cultivation with socially-minded investors and organizations.