Pathway Lending was created in 1999 as an economic development agency to increase access to capital for Tennessee businesses. As a Community Development Financial Institution certified by the US Treasury, they do good work. Pathway aligns capital with opportunity to seed innovation and investment in communities across Tennessee and Alabama. In 2017 Pathway Lending originated $40.2 million in loans, aided 883 education clients, delivered 8,153 hours of technical assistance, and grew to $137 million in total assets.
Recently, Epicenter, the nonprofit entrepreneurship hub in Memphis, and Pathway Lending, a regional nonprofit Community Development Financial Institution (CDFI), have partnered to launch the Memphis Small Business Opportunity Loan Fund, a $15 million fund intended to improve access to capital, particularly for minority- and women-owned businesses.
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