AmbitioUS is providing a forgivable loan to the Common Future Character-Based Lending (CBL) Fund that will distribute capital to communities of color more directly. This funding will support a trailblazing effort that will transform the current lending practices that rely on exclusionary practices, like the 5C’s of Credit, to a more relationship- and character-based approach to lending. The Fund will work with BIPOC-led organizations to offer loan products to BIPOC entrepreneurs in three communities across the country.