It was a sink-or-swim moment for Alliance Mechanical Solutions (AMS) – a massive contract to construct new ships ended abruptly in early 2017 and with it jobs for most of AMS’ 200 employees. “We had concentrated our business heavily with one client and quadrupled our staff for the project. While we survived, it became clear
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More Than A Lender: Clients Turn To Pathway Lending To Start, Grow And Succeed In Business
Pathway Lending does more than make loans. Growing and running a successful business – one that creates wealth and jobs for the surrounding community – takes more than financing; it takes know-how. That’s why we offer our clients educational and financial resources alike and place equal emphasis on delivering both. In 2018, 61 percent of
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Success Story: Olympus Rentals
When it comes to real estate, Devan McClish has done it all since starting in the industry nine years ago – flipping, new construction, property management, general contractor, apartments and small retail. Recently, he’s added affordable housing to the mix. The creativity and challenge involved in making affordable housing projects work – and the
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Pathway Lending’s Multi-Family Housing Loans seek to stop the Affordable Housing Crisis in Tennessee
Families paying more than 30% of their household income on rent are considered cost-burdened. By design, affordable housing stays below that threshold by structuring financing deals to involve (typically) a mortgage, tax credits, and two or three other sources of capital. Without subsidies it’s virtually impossible for developers to build homes that are affordable to
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The Economic Opportunity of Energy Efficiency
Growing numbers of businesses across the United States are investing in energy efficiency. These efforts mean more than just energy savings – they can generate economic opportunity as well. A recent study from the American Council for an Energy Efficient Economy (ACEEE) shows the potential large-scale impact investments in energy efficiency can have on a
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10 Skills Improv Can Teach Entrepreneurs
1-Be Confident: Improv teaches us that confidence is extremely important. Having confidence in what you say and how it’s delivered leads the audience to the right reaction. The same goes for being an entrepreneur. Entrepreneurs have to believe in themselves. They have to be confident in who they are, where they’re going and how they’re
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Pathway Lending hires community and business banking veteran, Tennessee native to lead continued regional market expansion
Pathway Lending welcomes its newest team member Jeff Goff who joins as Senior Vice President of Lending. With over 25 years of experience, Jeff brings extensive business lending, community banking and market development experience to the role. Jeff will lead Pathway’s eight-member lending team with responsibility for directing lending and sales functions across all target
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What is SEO? How to Use Google to Grow Your Business
This post originally appeared on the Pathway Women’s Business Center blog. Since it offers value to all Pathway Lending clients, we decided to share it here as well. Be sure to check out Pathway WBC’s Events listings since our loan clients can always register for free by requesting a code. What should SEO mean
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This National Small Business Week 2019, we’re looking back at our efforts to champion small businesses in 2018.
At Pathway Lending, we actively seek opportunities to finance small business owners and entrepreneurs who have historically encountered difficulty accessing capital and loans. Through our funds like the Tennessee Rural Opportunity Fund, Knox County Technology & Jobs Fund, and Alabama Small Business Opportunity Fund, we’ve loaned millions of dollars to community businesses in predominantly low-or-moderate
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