New Markets Tax Credits support low-cost financing for the community organization, which will use the funds to increase its services and its footprint at 12 locations across the island.
Read MoreThe investor consortium included 25 banks, insurance companies and ESG-focused institutions. This innovative structure provides attractive financing for Lendistry. Proceeds will support underserved small business lending initiatives across America.
Read MoreEconomic recovery program built to support the South's smallest businesses is reaching the underbanked; nearly 80% of loans have been made to businesses owned by women and entrepreneurs of color, including half to Black-owned businesses, and 76% have gone to small businesses and nonprofits with revenues under $500k. The Fund recently welcomed new investors and has an additional $53 million available to lend to small businesses through its CDFI partners.
Read MoreThe California Rebuilding Fund continues to raise funds with new capital from the California IBank, The Doctors Company, Sonen Capital, Visa Foundation, and others to support entrepreneurs throughout the recovery by offering flexible, affordable capital and free advice and support through community-based lenders
Read MoreFinancial institutions will have instant access to increased efficiency in SMB lending, enabling access to capital for thousands of small businesses across the country. The digital infrastructure solutions will further accelerate Lendio's growth and position as the nation's leading small business financial solutions provider.
Read MoreNew rounds of grant funding, powered by Lendistry, will support California small business owners and arts and cultural organizations as they recover from the effects of the pandemic.
Read MoreEmpire State Development, chief economic development agency of the State of New York, selects minority-led, fintech Community Development Financial Institution to administer COVID recovery grant program across the state
Read MoreThe Southern Opportunity and Resilience (SOAR) Fund aims to support the recovery of small businesses and nonprofits with access to flexible, affordable capital and free business support services across 15 southern states
Read More