Pathway Lending is excited to announce that Mason Worthington, previously Senior Business Advisor, has accepted the role as Director of Rural Entrepreneurship. Mason joined Pathway in 2014 as a business advisor, working directly with small business owners, providing technical assistance to support business growth. As Director of Rural Entrepreneurship, Mason will oversee the Rural Business
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Success Story: Crescent Sock Company
4th generation tenacity powers oldest continuously operating sock mill in America Crescent Sock Company is a 116-year-old sock mill in rural Niota, Tennessee. Opened to create jobs in this small community, it is currently managed by the fourth generation of the founder. Cathy Allen has taken on the role of CEO and is assisted by
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Banks invest an additional $4.35 million to help in rural Tennessee businesses in 2017
Eight financial institutions invest additional funds to help provide access to capital for businesses throughout rural Tennessee In partnership with the State of Tennessee and member banks of the Tennessee Bankers Association, Pathway Lending provides loans to small businesses in rural and distressed areas of the state through the Tennessee Rural Opportunity Fund. Two dozen
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Success Story: Kiefer Manufacturing
Local family keeps doors open for largest private employer in Hancock County When the Mayor of Hancock County, Tennessee learned the largest private employer – Kiefer Manufacturing – was planning on shuttering their local factory, he turned to David Greene Jr. and his family to see if they could keep the business up and running.
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Invest in the Tennessee Rural Opportunity Fund
FFIEC Award-Winning “Rural Opportunity Fund” Offers a Creative and Innovative CRA Solution for Bank Partners Pathway Lending, the State of Tennessee, and Member Banks of the Tennessee Bankers Association launched the Tennessee Rural Opportunity Fund (TNROF) in 2007 to create a perpetual revolving loan fund for small, disadvantaged, and startup businesses located throughout rural Tennessee.
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Success Story: Power On Cycling
Powering a small business to help disabled veterans A lifelong cyclist, Mark Power built his first recumbent bike for his wife while stationed in Germany. The second was for himself so she wouldn’t feel self-conscious on their rides. This new hobby became a business and the veteran never looked back. “I had so much trouble
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Tennessee Rural Opportunity Fund Marks 10 Years of Success
Pathway Lending and Tennessee Bankers Association celebrate a decade of economic growth The Tennessee Bankers Association (TBA) hosted its annual meeting in Naples, Florida this June, and Pathway Lending was on-hand to help celebrate the tenth anniversary of the Rural Opportunity Fund (TN ROF). Ten years ago in the very same location, TBA and Pathway
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Success Story: Grandview Mountain Cottages
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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Success Story: VanHooseCo
CDFI and bank partner and help manufacturer bring 165 jobs to rural Tennessee Entrepreneurs think big. They dream, plan, and execute strategies to build and sustain thriving businesses. Jeff VanHoose is one such entrepreneur. His business, VanHooseCo Precast Concrete, started small but scaled quickly following the 2008 Great Recession, as it added new divisions and
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Success Story: Maddi Mas
Athens lunch hotspot finds new owners with help of business acquisition loan Delanie and Joe Domzalski had always dreamed of moving to east Tennessee, finding some land, and owning their own business. When they moved to Athens, not only did they buy their dream house from Vickie and Jim Carr, but they also bought the
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