Tuesday, July 6, 2010

Pathway Lending In The News

Knoxville News Sentinel business writer, Roger Harris (follow his Rant$ and Rave$ blog here) gave Pathway Lending a shout-out in his July 4th article, Small businesses need more support .

The article begins with:
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.


...and goes on to say:
A few weeks ago, I wrote about Pathway Lending (formerly known as Southeast Community Capital Corp.), a Nashville-based nonprofit lender that administers various loan funds aimed at small business.

More entrepreneurs and small-business owners called in response to that column than almost anything I've written in the last few years.

Their stories were similar. They needed capital to grow their companies but had been turned away by traditional lenders.

Passage of the Small Business Lending Fund Act could help ease the credit crunch. But no matter how the vote turns out, community bankers need to step up and help small businesses bring good ideas to life.


At Pathway Lending we're proud of what we do and are passionate about helping small businesses succeed and grow. We appreciate Roger's kind words and hope to have more success stories for him in the near future.

If you are a small business owner with an opportunity to grow but without a bank to help you along the way, please visit our website at www.pathwaylending.org

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