Where to Turn to for Help in Navigating Financial Challenges

(StatePoint) Managing your finances can be challenging, especially when you’re not sure where to turn for help.

Darlene Goins, head of Philanthropy and Community Impact at Wells Fargo, shares practical tips and lesser-known resources for taking the next step forward at various stages in your financial life.

What’s happening: You need guidance and funding to launch your small business.

What you can do now: Securing capital can be especially challenging if you don’t qualify for a traditional bank loan. A Community Development Financial Institution (CDFI) can help. These specialized lenders provide financing to small businesses, organizations and individuals, and are suited to helping new business ideas get off the ground. CDFIs offer such options as term loans, lines of credit, credit ca