A few months ago, we announced that we had closed our first loan in Alabama. We haven’t slowed down since! Pathway Lending is proud to introduce the newest member of our team, Brian Denney. Brian is our Alabama Regional Director, and is responsible for working with local banks and the Alabama Small Business Development Center network to administer
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Seasoned entrepreneur buys local dry cleaning shop with help of business acquisition loan Kevin Robertson is by definition an entrepreneur: he’s an electrical engineer who co-founded a firm, he’s a singer and drummer with his own label, and he has a Master’s in education from Belmont and has taught for many years. Throughout his career,
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Guaranteed loan financing and grant funding to agricultural producers and rural small businesses The next application deadline for Rural Energy for America Program (REAP) grants is Friday, March 31, 2017. This program provides loan financing and grant funding to rural small businesses and agricultural producers to install or purchase renewable energy systems and make energy
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How to launch a business in Tennessee or Alabama Whether you dream of working for yourself or building a lasting legacy, starting a business is a major decision involving important financial planning and legal decisions. To get started on the road the owning your own business, we’ve outlined key steps, from outlining your business plan and
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Entrepreneurs are classic risk-takers. But one risk they cannot afford is rushing into business without establishing a long-term vision. Many well-intentioned entrepreneurs launch an innovative business based on their passion, only to find themselves unable to turn that passion into a sustainably profitable business. Lay a strong foundation for a new business by building and
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Pathway Lending helps entrepreneur expand cabins and offer glamping in East Tennessee Retired international business consultant Ilaeka Villa left Paris, France for the foothills of the Smokies in Rhea County, Tennessee. Together with her father, “Papa Phil,” she opened Grandview Mountain Cottages with two cottages and their Farm Porch Store, and has enjoyed welcoming visitors for
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The sixth factor a nonprofit like Pathway Lending considers when reviewing a business loan application. Ask any business lender about “the 5 C’s” and chances are they can name them all. We recently published a full blog post about the five C’s of credit that you can read right here, but just to review, those
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Need funding to start or grow your business in Tennessee or Alabama? We can help! Here are 5 steps to apply for a business loan through Pathway Lending: 1. Submit your pre-application using our online form This provides our team with information about your business and your capital needs so we can find the right
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What do lenders consider when they review loan applications from business owners, startups, and entrepreneurs? Most financial institutions follow a common set of criteria when assessing a loan request, often referred to as “the 5 C’s of credit.” What are the 5 C’s of credit, you ask? The five C’s of credit are: 1. Character,
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As a small business owner, your biggest competitive advantage is having loyal customers. Being the first to market or the cheapest provider isn’t enough – especially as your competitors are working to leave you in the dust. Being a company that clients enjoy working with and keep coming back to matters. The key is building relationships
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