Banking for NVC businesses

SMB lending, development financing, and commercial banking — evaluated on creditworthiness and economic participation contribution.

SMB Lending

Small business loans with EVI contribution scoring. Businesses that create jobs get better rates.

Development Loans

Financing for NVC real estate development. Every project requires a published impact statement.

City & Bank Relationship

How the shared balance sheet works, how Vibes are minted for infrastructure, and how the ecosystem cycles.

SMB Lending

We evaluate small business loans on creditworthiness and on economic participation contribution.

NVC Bank does not lend based on credit score alone. Every business loan application is evaluated against the bank's three mandates. Businesses that contribute to the Economic Vitality Index — by creating jobs, serving the local economy, and participating in the NVC commercial ecosystem — receive preferential consideration.

This is not charity lending. The bank's mandate structure means that businesses which strengthen the economic fabric of NVC are lower-risk from the bank's perspective — they are contributing to the conditions that make all loans safer.

Current Priority Areas

  • Arts District — creative businesses, studios, galleries
  • Trades District — skilled trades, workshops, fabrication
  • First-time business owners entering the NVC economy

NVC businesses like Canopy Wellness (Celeste Okafor-Mack) operate within this framework — their contribution to the EVI through employment and local economic activity is factored into their lending relationship with the bank.

Development Loans

Every development application requires a project impact statement. The scoring model is published — no hidden criteria.

Development lending in NVC is not conventional real estate financing. Every application requires a project impact statement that specifies: housing units added, price point relative to the Thriving Threshold, district, construction timeline, construction jobs created, and projected post-construction employment.

The bank publishes its scoring model. Affordable housing projects receive the deepest rate discount (Base - 0.75%). Market-rate projects carry a slight rate premium (Base + 0.25%) as deliberate friction against non-affordable supply that could drive up the NVCPI housing component.

Developers like Aaron Whitfield (Ironwood Custom Homes) finance every development through NVC Bank. The bank evaluates development loans not just on creditworthiness but on the housing contribution of the project.

Project Impact Statement — Required Fields

Housing Units

Number of residential units the project adds

Affordability Level

Price point relative to Thriving Threshold

District

NVC district where the project is located

Construction Timeline

Expected duration and completion date

Construction Jobs

Direct employment during construction

Post-Construction Employment

Ongoing jobs after project completion

The City and Bank Relationship

The city and the bank share a balance sheet. This is not a metaphor.

In NVC, the city government and the bank share a single monetary ledger — there is no separate city treasury, no city budget, and no city revenue. When the city needs Vibes for infrastructure, the Bank creates them — subject to the NVCPI inflation constraint. When the city collects Vibes (through assessments, levies, fees, and the seven currency retirement mechanisms), those Vibes are permanently destroyed, not deposited or held.

This means every V̅ the city collects is removed from circulation — the city does not earn, save, or spend it. The money supply is managed by the Bank: collection is monetary contraction, project creation is monetary expansion. The two flows are independent and never reconciled into a budget.

How Infrastructure Gets Built

  1. The city identifies an infrastructure need
  2. The Bank mints new Vibes for the project (subject to NVCPI constraint)
  3. Vibes flow into the economy through construction wages and contracts
  4. Workers spend Vibes at local businesses
  5. The … Micro-Transaction Levy and other retirement mechanisms pull Vibes back out
  6. Retired Vibes are destroyed, managing the inflation impact

The Ecosystem Cycle

Bobby Lim

Originates loans

NVC Bank

Underwrites & disburses

Aaron Whitfield

Builds homes

Workers

Earn wages

Local Businesses

Receive spending

Levy Retirement

… Micro-Transaction Levy

Cycle repeats

Creation

The Bank creates Vibes when the economy needs them — for UBI, infrastructure, or lending. Creation is constrained by NVCPI.

Circulation

Vibes flow through wages, business revenue, and consumer spending. The EVI tracks whether this circulation reaches everyone.

Retirement

Retirement mechanisms pull Vibes out of circulation: a … Micro-Transaction Levy, land value capture, demurrage on large balances, UBI taper, resource fees, and real estate sales.

Business Loan Application

For SMB lending and speculative lending applications. Development loans have a separate application below.

Begin Your Business Application

The application covers your business details, EVI employment data, financial information, and a final review. Businesses with demonstrated EVI contribution receive preferential rate consideration.

Development Loan Application

For affordable housing and market-rate development financing. Requires a complete project impact statement.

Begin Your Development Application

Development loan applications require a complete project impact statement — housing units, affordability level, district, construction timeline, and employment projections. Applications without a complete impact statement cannot be processed.