Company Information

Get to know THE PROGRESS FUND

The Progress Fund is a non-profit organization and certified Community Development Financial Institution (CDFI) founded in 1997. Its mission is to create economic opportunity for people, businesses, and communities, with a focus on those that are underserved. The organization provides capital and technical assistance to small businesses, primarily in the tourism, manufacturing, and agricultural sectors, helping to create and sustain jobs and revitalize local economies in its service areas.

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Financial FundraisingPRIMARY
Financial Other Service

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THE PROGRESS FUND

United States

Founded in

1997 (29 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.