Pathway Lending is one of nearly 1,000 nonprofits nationwide awarded funds by the Wells Fargo Foundation to support businesses and communities impacted by COVID-19. With a grant of $343,000, Pathway Lending will expand its efforts to address immediate and longer-term needs for small businesses across Tennessee. COVID-19 interrupted businesses seemingly overnight and Pathway Lending understands
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Pathway Celebrates CDFI Week of Action
This week Pathway is celebrating the CDFI Week of Action to raise awareness on our industry’s work and increase resources for CDFIs in COVID-19 related federal legislation. The House-passed Health and Economic Recovery Omnibus Emergency Solutions, or HEROES Act (H.R. 6800), proposes $1 billion in funding for the CDFI Fund, which is expected to be
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Meet the Team: Pathway Lending Hires Former CDFI Loan Fund Executive Director
Pathway Lending welcomes C.J. Sentell as Vice President of Rural Lending. With over five years of experience in the CDFI sector, C.J. comes to Pathway having previously served as the Executive Director of FORGE, a 30-year-old CDFI loan fund in Arkansas. C.J. brings his experience managing a rural portfolio in Arkansas to his new role
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Press Release: Pathway Lending Secures $150,000 Regions Foundation Grant for Tornado Recovery Response
Proceeds Support Expanded Advisory and Educational Services and Small Business Rapid Recovery Loans Up to $50,000 for Storm-Impacted Small Businesses in Middle Tennessee NASHVILLE (April 23, 2020) – Pathway Lending, a nonprofit community development financial institution (CDFI) designated by the U.S. Treasury, announced the Regions Foundation has awarded Pathway a $150,000 grant in support of
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U.S. Small Business Administration Economic Injury Disaster Loan Basics
Effective March 20, 2020 Tennessee is a declared state for Coronavirus (COVID-19) disaster assistance. If your business has been impacted, you can now apply at no cost for a disaster assistance loan. What does this mean for small business owners across Tennessee? It means you can apply to the SBA for an Economic Injury Disaster
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Update: The application period for Rapid Recovery loans has been extended to May 29, 2020. No Payments for Six Months, 4 Percent Fixed Interest and Repayment Period Up to 5 Years* NASHVILLE (March 18, 2020) – Through a partnership between Pathway Lending and Pinnacle Financial Partners*, small businesses in Davidson, Putnam, and Wilson Counties that
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Trigger’s Marketing Triangle: A Model For Putting Your Best Foot Forward Online (Guest Post)
The Trigger team presented this concept as part of Pathway WBC’s first Marketing Bootcamp Feb 11, 2020, and it was so well received we invited them to share it on our blogs. The following post originally appeared on the Trigger blog. We are running it here with permission. Shop, Search, Social: the three points of
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Client Profile: Nashville Olive Oil Co
When Michelle and Jeff Quimby first married, they couldn’t put a meal together and began frequenting a small gourmet food shop in town. The Quimbys credit the shop’s owners with helping them discover a love for learning to cook with high-quality products. As their confidence grew, they became avid users of infused and flavored olive
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Client Profile: Power of Clean Energy
In the few short years since launching, Power of Clean Energy (PCE) has built a thriving business as a trusted energy efficiency consultant helping nonprofits, schools and churches across the Southeast save money with brighter, safer campuses, facilities, classrooms and worship halls. The Nashville firm has set itself apart in the fast-growing market with its
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3 Fears Every Entrepreneur Must Overcome
Owners of Bradley’s and Knoxville Chocolate Company, Brad and Joy Hamlett, found themselves in a scary situation after purchasing a 100-year-old candy factory: Sales were flat but expenses doubled. “I just remember times when we felt like how are we going to make it? Something has to give,” said Joy. While the candy business might
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