Press Release: Pathway Lending Deploys $22 Million in New Markets Tax Credits To Expand High-Quality Facilities and Capacity In Rural And Urban Tennessee Communities

Pathway Lending Deploys $22 Million in New Markets Tax Credits To Expand High-Quality Facilities and Capacity In Rural And Urban Tennessee Communities   Transactions Generate $53 Million In Total Private Investment And 314 New Jobs For Manufacturers In Marion And Scott Counties And Community Health In Shelby County  NASHVILLE, Tenn. (March 31, 2022) – Pathway Lending,

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Press Release: New Needs Assessment To Guide Inclusive Growth Priorities For Hamilton County Black-Owned Businesses

Data and Insights Reveal Funding Preferences, Gendered Perspectives and Industry Concentration The Urban League of Greater Chattanooga, with consultants Garrett Harper, PhD and entrepreneurship executive Marcus Shaw, MBA, undertook the research and prepared the assessment. The research team consulted local studies, national research and Census data; compiled survey responses from 62 area Black-owned businesses; and

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Press Release: Pathway Lending Receives $1 Million Wells Fargo Grant To Accelerate Job, Revenue Growth Among Tennessee Minority-Owned Small Businesses

Funding aids in expanding Pathway Lending’s Flex Fund statewide NASHVILLE, Tenn. – Sept. 24, 2021 – Pathway Lending today announced it has secured a $1 million grant from the Wells Fargo Open for Business Fund to expand Flex Fund – a new source of “patient” growth capital – to minority-and woman-owned businesses in key markets

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Press Release: U.S. Treasury’s CDFI Fund Awards $30 Million In New Markets Tax Credits to Tennessee-Based Organization

Pathway Lending to Deploy Investments Across Urban and Rural Communities NASHVILLE, Tenn. (September 8, 2021) – Pathway Lending announced today an award of  $30 million in New Markets Tax Credits from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) to the nonprofit lender’s certified Community Development Entity (CDE). The sole

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Press Release: $30M Memphis Medical District Investment Fund Will Spur Inclusive Real Estate Development

Memphis Medical District Collaborative, Pathway Lending, banks and private foundations partner to launch capital fund to finance transformative residential and mixed-use real estate development MEMPHIS (July 19, 2021) – Pathway Lending and the Memphis Medical District Collaborative (MMDC), in partnership with First Horizon, Regions Bank, Truist, The Kresge Foundation and The Hyde Family Foundation, today

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Press Release: $7.5 Million Chattanooga Small Business Opportunity Loan Fund Aims to Boost Capital Access for Area Small and Minority-Led Businesses

New Fund from Pathway Lending Anchors Inclusive Growth Effort by Financial, Philanthropic and Community Partners, Brings Key Local Hires and Office Expansion CHATTANOOGA, Tenn. (June 9, 2021) – Chattanooga’s profile as an entrepreneurship hub gets a boost with a new $7.5 million loan fund Pathway Lending announced today. Part of a collaborative effort to advance

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Press Release: Strengthening A More Inclusive Small Business Ecosystem In Chattanooga | JPMorgan Chase Is Committing $400,000 To Three Community Partners

Strengthening a more inclusive small business ecosystem in Chattanooga JPMorgan Chase is committing $400,000 to three community partners who are dedicated to strengthening an equitable small business ecosystem CHATTANOOGA, April 28 – The Urban League of Greater Chattanooga (ULGC), LAUNCH and Pathway Lending, with the support of JPMorgan Chase, are collaborating to find innovative ways

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Press Release: Pathway Lending Names Ellen Hackett Chief Commercial Credit Officer

New Senior Role Oversees Commercial Credit Portfolio, Supports Regional Market Expansion NASHVILLE (July 8, 2020) – Pathway Lending, a nonprofit Community Development Financial Institution (CDFI) as designated by the U.S. Treasury Department, has named Ellen Hackett to its newly created chief commercial credit officer role. With considerable credit and lending expertise gained over three decades

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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

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