Governor, Commissioner Announce New $25 Million Tennessee Small Business Jobs Opportunity Fund, 10/27/10

Public/Private Collaboration to Maximize Statewide Impacts for Job Creation and Business Expansion NASHVILLE, Tenn. — Governor Phil Bredesen and Commissioner Matt Kisber, Tennessee Department of Economic and Community Development, announced today the launch of a new $25 million Tennessee Small Business Jobs Opportunity Fund offering loans to small businesses in all 95 Tennessee counties. The

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State providing $50M in energy-efficiency loans – Nashville Post, 08/25/2010

Pathway Lending to run program that could reduce a building’s total stress on grid by a quarter The Tennessee Department of Economic and Community Development today announced a new $50 million energy efficiency loan program to help Tennessee businesses finance the purchase of energy-efficient technology, energy retrofits and renewable energy systems. “Our goal is to

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Small businesses need more support – Knoxville News Sentinel, 07/04/2010

In honor of the Fourth of July holiday, let’s consider what it takes for small business – the real backbone of the national economy – to be truly independent. Independence comes with access to capital. Small-business owners need capital to expand, to create jobs, to create new businesses. However, community banks – traditionally a primary

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Tight Credit Helps Lender’s Growth – Knoxville News Sentinel, 6/21/10

When All In One Automotive & Transmission needed to expand, owner Gary Chitwood went the traditional bank route to secure a loan for property and construction of a new garage. Enter Pathway Lending, which provided the small business with needed financing for the project that resulted in the addition of three employees. “The credit markets

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Loan fund offers help to small businesses – Knoxville News Sentinel, 6/06/10

With the ongoing credit crunch, borrowing money is hard these days, especially for startups and small businesses. But there are options for entrepreneurs with the next big idea. One is the Tennessee Rural Opportunity Fund, a $10 million revolving loan fund that provides below-market-rate loans to small, disadvantaged and startup businesses in rural areas. The

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