Financing Programs for Certified Diverse Suppliers
Through their partnership with Citi, Dollar General is proud to make two separate programs available to our certified diverse supplier partners.|
Dollar General is committed to supporting minority, women, LGBTQ+, disabled, and veteran-owned business enterprises. To reinforce our commitment to ensuring an inclusive environment that minimizes barriers and allows diverse suppliers equitable opportunities to maximize their ability to effectively participate in Dollar General’s procurement process, Dollar General is proud to be working with Citi to offer a Sustainable Supply Chain Finance Program to our eligible certified diverse suppliers.
The program will use Citi’s Supplier Finance platform to process payments to organizations determined by Dollar General to be qualified diverse or minority-owned organizations. This new option launches with the goal of helping make access to working capital more affordable and equitable by offering attractive rates to qualified suppliers. The user-friendly interface, provided by Citi, enables suppliers to select the invoices they would like to receive early payments on. Through the early payment option, suppliers may be able to accelerate cash flows and improve their working capital.
To learn how qualified diverse and minority-owned organizations can take advantage of this new financing opportunity and to view Dollar General’s preliminary eligibility requirements, please click here.
Is your business looking for funding between $100K - $10 Million?
The Bridge built by Citi platform (Bridge) gives small- and medium-sized businesses the potential to connect with a diverse group of over 75 lenders by submitting just one loan request form (RFP). The lenders participating on the platform are all community and regional banks and Community Development Financial Institutions (CDFIs), including 20+ Minority Depository Institutions and four woman-owned banks.
Save time looking for financing options for your business by leveraging this secure, digital experience to reach relationship-focused lenders. Lending Products Include:
· Working Capital Lines of Credit and Term Loans
· Commercial mortgages
· Equipment financing, Inventory financing
· Purchase Order Financing
How does the Bridge built by Citi platform work?
1. Submit one RFP with loan needs & high-level financial information.
2. Multiple lenders can review the RFP and respond with indicative, non-binding term sheets.
3. If one or more lenders respond, business owners can pick the lender(s) to connect with to continue the loan process.
To see more information about Bridge and start your RFP, please click here.
