Mercy Loan Fund Maintains High Aeris Rating of AA+

Mercy Loan Fund has received its annual Aeris rating of AA+, maintaining its three-level increase in three years. Aeris provides the only comprehensive, third-party assessment of Community Development Financial Institution (CDFI) loan funds and helps community investors evaluate opportunities that meet their impact goals and risk parameters. The AA+ financial rating signifies that MLF has very strong financial strength, performance and risk management practices relative to its size, complexity, and risk profile; that challenges are well within MLF’s board of directors’ and management’s capabilities and willingness to strengthen; and that MLF is capable of withstanding fluctuations in its operating environment.  With this rating, MLF is in the top 15 percent of rated CDFIs.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s