CRA Benefits
j-ref assists its banking partners achieve their affirmative obligations and long-term commitments to low and moderate income customers doing business in Howard County as required by the Community Reinvestment Act (CRA) of 1997.
j-ref serves as a CRA marketing arm for its banking partners and provides the following services consistent with safe and sound lending practices:
- Through access to lines of credit at our participating banks, j-ref makes direct loans to those start-up and emerging companies unable to obtain traditional bank financing.
- j-ref works with its participating banks as a referral source to those small businesses that are bankable.