Boann Social Impact Contributes to Catalytic Capital Lab Loan Guarantee Pool with $617K

Boann Social Impact has contributed $617,000 to the Catalytic Capital Lab's loan guarantee pool, which aims to diversify risk, attract investment, and strengthen Canada's social finance market. The contribution will support the development of a $50 million loan guarantee pool that will back 30-40 community loan providers across Canada, helping to unlock capital for local communities. Boann's investment is part of a collaborative approach to grow the tools and infrastructure for a more inclusive and resilient social finance market.

Boann Social Impact has recently announced a significant contribution of $617,000 to the Catalytic Capital Lab's loan guarantee pool. This investment aims to diversify risk, attract investment, and strengthen Canada's social finance market. The contribution will support the development of a $50 million loan guarantee pool that will back 30-40 community loan providers across Canada, helping to unlock capital for local communities.

The loan guarantee pool is designed to lower risk, unlock private capital, and build a stronger social finance ecosystem. Boann's Managing Director of Engagement and Market Development, Brian Smith, highlighted the strategic focus on blended finance tools that lower risk and unlock private capital. Smith noted, "This is more than a financial commitment – it’s an investment in building a diverse, inclusive economy where everyone in Canada can participate and prosper."

The Catalytic Capital Lab helps social finance intermediaries (SFIs) in launching and scaling their operations, unlocking more capital, and driving deeper community impact. Over the next two years, Boann's investment will support the project team to design, develop, and implement the loan guarantee pool, including financial modeling, rigorous oversight, risk mitigation strategies, legal structuring, and investor engagement.

Kristi Rivait, Board Chair at Thrive Impact Fund, emphasized the importance of catalytic support in de-risking new models and allowing more capital to flow to communities that need it most. Boann's contribution joins partners including 10C Shared Space’s Harvest Impact Fund, Definity Insurance Foundation, Ontario Trillium Foundation, Scale Institute, and Thrive Impact Fund in advancing access to capital for community organizations across Canada.

Collaborative approaches like the loan guarantee pool are critical to unlocking capital that meets the needs of local communities. Julia Grady, Principal of Harvest Impact Fund, added, "With partners like Boann at the table, we can help community loan providers build their local economy across the country."

Boann Social Impact's investment is part of a broader effort to create a more inclusive and resilient social finance market. The contribution reflects a strategic commitment to using loan guarantees as a powerful tool to help capital reach people and places often overlooked by traditional finance.

For more information, visit:
Boann Social Impact [2] https://www.businesswire.com/news/home/20250723151304/en/Boann-Social-Impact-Contributes-%24617K-to-Catalytic-Capital-Labs-Loan-Guarantee-Pool

References:
[1] https://www.ycombinator.com/companies/industry/credit-and-lending
[2] https://www.businesswire.com/news/home/20250723151304/en/Boann-Social-Impact-Contributes-%24617K-to-Catalytic-Capital-Labs-Loan-Guarantee-Pool