Crossroads Impact Corp.
CRSS
Other OTC7.00
USD
- -
- -
ISIN
US22766K1034
Return %
Stock
S&P500
1Y
- -
26.53
3Y
-46.15
76.60
5Y
-12.50
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Eric Donnelly
- Sector
- Real Estate
- Industry
- Real Estate - Services
- Address
- 4514 Cole Avenue Dallas TX United States of America 75205
- IPO Date
- Oct 16, 2017
- Website
- crossroads.com
- Similar Companies
- Business
- Crossroads Impact Corp. Crossroads Impact Corp. (OTCQX: CRSS), a holding company headquartered in Dallas, Texas, and founded in 1996, focuses on investing in businesses that promote economic vitality and community development through its subsidiary Capital Plus Financial LLC, a certified Community Development Financial Institution (CDFI) and B Corp. Capital Plus Financial provides innovative lending solutions including long-term fixed-rate single-family mortgages targeting Hispanic homeownership in underserved urban markets, particularly in Texas; small business loans such as asset-based working capital facilities from $2 million to $15 million for sectors like manufacturing, distribution, retail, consumer products, business services, staffing, and technology; impact loans emphasizing environmental, social, and governance (ESG) criteria for minority-owned and underbanked enterprises; and participation in programs like the Texas Micro-Business Disaster Recovery Loan Program and SBA Paycheck Protection Program (PPP) financing. The company operates primarily in the United States, with a focus on underserved and underbanked communities nationwide, generating economic, environmental, and social impact via equitable capital access. In December 2024, Crossroads Impact Corp. completed a major restructuring by redeeming approximately 16 million common shares from its two institutional investors—funds managed by P10 Inc. and Conversant Capital—at tangible book value, transferring $356 million in non-CDFI impact assets and associated debt for $60 million net cash and preferred equity sales totaling $62 million, terminating its 2021 advisory agreement with Enhanced Capital Group, and integrating commercial lending operations internally while retaining approximately 5.5 million shares outstanding. This transaction, approved by the board and majority shareholders, positions the company to evaluate CDFI certification expansion, grow its commercial lending platform, and resolve outstanding PPP loans with the SBA. Previously, the company expanded via a 2022 merger with Rise Line Business Credit for asset-based lending, secured a $180 million equity investment from P10 and Conversant funds with potential for $310 million more, and finalized a $150 million debt facility to scale impact lending across climate finance, real estate, and small business verticals; it also rebranded from Crossroads Systems, Inc. in January 2022 to reflect its impact investing pivot.
Crossroads Systems, Inc. Announces Merger With Rise Line Business Credit
Crossroads Systems Reports Fiscal Third Quarter 2021 Financial Results
Crossroads Systems Provides Additional Information on Special Dividend
Crossroads Systems Remains Attractive Post-Event, Possible 50% Upside After Special Dividend