We are excited to commemorate National Hispanic Heritage Month and recognize the important contributions of Hispanic-owned businesses in our community. National Hispanic Heritage Month is celebrated annually from September 15 through October 15 and is a period to recognize the influence of more than 60 million Hispanic Americans in our society. Join Pathway in celebrating
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Wells Fargo Awards Pathway Lending With $343,000 For COVID Recovery
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
READ MOREDo CDFIs hold the key to helping unlock Opportunity Zones’ community impact potential?
CDFIs can bring critical assets to Opportunity Zone projects, if not equity investment experience Although many Community Development Financial Institutions (CDFIs) may have limited experience with market equity instruments, they are well-positioned to play a pivotal role in the Opportunity Zones ecosystem. Opportunity Zones: Old Game, New Players, Same Community Development Goal The federal
READ MOREPaying For Growth: Is Now The Right Time for a Business Loan?
With the exception of a few, many entrepreneurs rely on their business’ cash flow or borrowed funds to finance new projects and grow. A word of caution to this group: Even the right loan can burden an entrepreneur and become the wrong loan if it’s taken on at the wrong time. Entrepreneurs must evaluate their current situation to determine
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A video introducing Pathway Lending and some of the people and businesses we have served. We can't wait to serve you! Give us a call today.
READ MOREUnderstanding & Fixing Your Credit Score
Among the five ‘C’s of small business lending, your Credit Score is one you can’t afford to ignore Despite other contributing factors in determining your creditworthiness, every lender wants to know your credit score; it’s at the top of their list. Let’s take a few minutes to understand what makes up a credit score –
READ MOREAm I ready to apply for a business loan?
The better prepared you are, the greater the likelihood of being approved. Preparation includes understanding what lenders, like Pathway Lending, need to approve your request. Don’t be discouraged if you’re not a cookie-cutter business. Pathway Lending makes loans for a variety of purposes – starting from $5,000 – so we’ve seen all types of loan
READ MOREAppalachian Community Capital, Pathway Lending Bringing New Investments to East Tennessee
Appalachian Regional Commission Announces Successful First-Round Investment Closing of Appalachian Community Capital Over $15 million in new investment capital committed to meet the demands of 165 growing businesses, creating 800 jobs in rural Appalachia. When fully funded, ACC expects to leverage $233 million in private bank capital and help create 2,200 jobs. DENVER, Colorado, June
READ MORE5 Reasons Small Businesses Are Rejected For Loans
…and what you can do about it. Of small businesses that applied for financing in the first half of 2014, only half received any amount, according to a survey by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia. Here are some of the top reasons why small business owners are turned down
READ MORENashville among 6 cities to get Women’s Business Center – The Tennessean, 12/6/14
Jen Todd, Staff Reporter Women entrepreneurs will soon have an organization completely devoted to them. Nashville was chosen as one of six locations by the U.S. Small Business Administration to open a Women’s Business Center across the country in 2015. Appealing to the needs of women entrepreneurs during all stages of opening a business, the
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