Financing small businesses shouldn’t be so damn hard. Here’s why.

SHIFT small businesses MaKen studios philadelphia

In 2012, we at Shift Capital were on the verge of buying a large industrial property for next to nothing. The 120,000 square foot structure was built in 1920 to house a candy company, but now sat vacant — tantalizingly, just one block from a subway stop, a mere 10-minute ride from one of Philadelphia’s hottest downtown neighborhoods.

Work Where You Serve: Rethinking the Central Business District

SHIFT MaKen Studios Kensington affordable industrial workspaces

Pictured: Witty Gritty, a Philly-Kensington-based marketing and event agency, enjoying their home at SHIFT’s MaKen Studios North.

In 2001, the Clinton Foundation moved its world headquarters to Manhattan’s most economically depressed neighborhood: Harlem, the storied “cultural capital of Black America.” The new location was an unconventional choice for the global philanthropic group, which would have had no problem covering rent in any skyscraper in any of Manhattan’s traditional commercial districts. The move was far from perfect and not without its naysayers. But the laudable concept that propelled the move was that of leveraging the organization’s economic power to positively impact the community that lay beyond the walls of the office, and helped contribute to a Harlem resurgence that has changed the landscape of New York City.

Shift Capital is the first in Philadelphia to provide its residential tenants with 24/7 telehealth access to doctors to help close the health equity gap

Shift health equity tenant program philadelphia

Shift is partnering with HEALTH+ to provide residents in its communities access to quality healthcare and low-cost prescription medications via two services, Teladoc and CleverRX. Teladoc will enable residents to contact a doctor through a phone call or video chat, and CleverRX will provide access to discount prescriptions. Shift is providing this service at no cost to the tenant.