Community LendingWorks

Lending
3:05 pm
Thu February 27, 2014

U.S. Treasury Grant Will Help Hundreds Expand Their Business Or Help With Personal Livelihood

Credit NEDCO.org

A U.S. Treasury grant will give access to capital to economically distressed Oregonians.

Springfield’s Community LendingWorks was awarded $420,000 to help expand small businesses, or personal livelihood. The non-profit is an affiliate of the Neighborhood Economic Development Corporation, or NEDCO. Executive Director Claire Seguin says the people they work with don’t have a relationship with a mainstream bank that allows them to borrow.  

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