Geert De Lombaerde, Editor
Pathway Lending is teaming up with the network of Tennessee Small Business Development Centers to provide loans to small businesses that are working with the business counseling network.
Under the umbrella of Ready.Fund.Grow!, MetroCenter-based Pathway will consider loan applications of up to $100,000 from qualified TSBDC clients to fund machinery and equipment, working capital, supplies and materials, inventory, and accounts receivable or purchase order financing.
“This is an exciting chance for us to work side by side with the Tennessee Small Business Development Centers to support entrepreneurs and small business owners across Tennessee,” said Pathway President Clint Gwin. “Every day, we hear about the challenges of acquiring the funding necessary to succeed. By increasing access to credit, we hope to provide a spark for growth throughout the State. This initiative will help ensure that more small businesses have access to the credit they need to expand, invest and hire in their local communities.”