Small Business Recovery

The Southern Opportunity and Resilience Fund

The Southern Opportunity and Resilience (SOAR) Fund is a partnership of local and national community finance organizations created to address the capital needs of historically underbanked communities across the South and Southeast. Through 13 participating CDFIs, the program provides flexible, affordable capital and free business support to small businesses and nonprofits to help them navigate and rebuild after the COVID-19 health and economic crisis.

Overheard Station

Overhead Station, a family-owned gift shop located on Main Street in Rock Hill, South Carolina, has been in business since 1977. The co-owner, Tami Windell, is using her SOAR loan to freshen up the storefront and to purchase new merchandise.

Fund Launch

April 2021

Capital Committed

$60+ million

Available to

Institutional lenders


South and Southeast U.S.: Alabama, Arkansas, Delaware, Florida, Georgia, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, West Virginia, Washington, D.C.

Borrowers served

Small businesses and nonprofits

Participating CDFIs



How it Works

Investing in the South’s small business and community nonprofits

Driving an equitable recovery across the South


The South and Southeast US is the least economically mobile region of the US and has been under-funded for decades. At the same time, population growth and migration south are spurring new opportunities that have the potential to create more equitable ecosystems that build income and wealth for residents across the region. SOAR loans are designed to help local small businesses - including those in rural areas and those owned by women, people of color and immigrants - to rebuild and grow their businesses.

How to Participate

For lenders and donors interested in supporting the SOAR Fund:

Reach out to us at with "SOAR Fund" in the subject line. Please note that our small business recovery funds are available to institutional lenders only. The minimum commitment is typically $1 million.

Supporting Lenders and Partners

Align Impact
Compton Foundation logo
Fidelity Charitable
Grove Foundation
JPM Chase
Ms Foundation
North Berkeley
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