Pathway Lending
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 2.7m | 3.4m | 3.5m | 3.7m | 4.5m | 4.9m |
% growth | - | 26 % | 3 % | 6 % | 22 % | 9 % |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $1.8m | Grant | |
$5.0m | Late VC | ||
* | $5.0m | Grant | |
* | N/A | Grant | |
Total Funding | AUD18.2m |
Related Content
Recent News about Pathway Lending
EditPathway Lending is a financial institution dedicated to providing socially responsible loans and business advisory services to small businesses in Tennessee. Operating as a Community Development Financial Institution (CDFI), Pathway Lending focuses on underserved markets, offering a variety of loan programs including small business loans, energy efficiency loans, multifamily housing loans, and SBA 504 loans. The organization serves a diverse clientele, including veterans and businesses impacted by economic disruptions such as COVID-19. Pathway Lending's business model revolves around providing capital and expertise to help businesses grow, thereby fostering economic development and community strength. Revenue is generated through interest on loans and fees for advisory services. The company also collaborates with governmental and private entities to secure grants and additional funding for specialized programs.
Keywords: socially responsible loans, business coaching, small business, Tennessee, CDFI, energy efficiency, multifamily housing, SBA 504, veterans, economic development.