Mission-driven financial institution marks anniversary with events across Tennessee
Pathway Lending, Tennessee’s largest non-depository community development financial institution (CDFI), is celebrating 25 years and $1 billion of economic impact with a series of events at its offices across the state.
Since opening in 1999, Pathway Lending has served Tennessee through small business capital and coaching programs. Pathway Lending’s solutions have reached all 95 counties, funding over $526 million in small business, affordable housing and climate-related loans.
Pathway Lending is releasing its 25 Year Impact Report which details its historic impacts and the communities and businesses that have been supported. Among the impacts highlighted in the report are the financing of over 1,500 small businesses and 2,400 affordable housing units, and over 91 million KWH saved per year.
“The growth of Pathway Lending and how many community members our organization has helped over the past 25 years reflect our commitment to supporting ‘no missed opportunities’ for the clients and communities we serve,” said Pathway Lending CEO, Clint Gwin. “We are honored to serve our clients across the state of Tennessee to help make these communities more sustainable.”
Over summer and fall, the organization will hold celebratory events at its Knoxville, Memphis, Chattanooga and Nashville offices for invited guests, clients, and partners. Those events will kick off regional peer groups for entrepreneurs and be held:
- Knoxville, July 30 | At Knoxville Chamber of Commerce
- Memphis, Aug 27 | At Ugly Art Co.
- Chattanooga, Sept 24 | At Somer Station
- Nashville, Oct 29 | At Pathway Lending Headquarters
Pathway Lending’s programs specialize in minority, veteran and women-owned businesses, affordable housing and climate related opportunities. As a leader of community funding, Pathway Lending has funded over $350 million in small business loans alone and coached over 12,000 clients through its education programs.
Since its founding, Pathway Lending has provided $264 million in Middle Tennessee, $152 million in East Tennessee and $98 million in West Tennessee. Additionally, Pathway Lending offers business coaching and education programs throughout those regions and through virtual programs, designed to prepare entrepreneurs toward capital readiness and business growth.
“It’s rewarding to see the positive impact Pathway Lending has had across Tennessee over the last 25 years,” said Hank Helton, Pathway Lending’s EVP and chief stakeholder officer. “We look forward to continuing this mission-driven work in our communities for many more years to come.”
To learn more about Pathway Lending and its programs, please visit PathwayLending.org.
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UCBJ File photo.