ACE is proud to be a part of Bridge built by Citi® – an online platform that allows lenders to easily view & interact with businesses that are seeking $100k – $10 million in business financing. Bridge & Walmart announced a multi-year partnership agreement today, detailing a collaboration that will make it possible for community lenders like ACE to use the platform to extend our reach to Walmart suppliers and help provide capital to more small- and medium-sized businesses.
“ACE is the first CDFI (Community Development Financial Institute) in the country to participate with Citi Bridge,” said Grace Fricks, President and CEO of ACE. “We are proud to use Bridge built by Citi® as another capital resource to serve the small businesses in Metro Atlanta and North Georgia.” ACE has a 20+ year history of helping underserved entrepreneurs expand their businesses through capital, coaching, and connections.
Walmart will market Bridge to their 10,000+ small-and-medium sized suppliers as a means to connect with local and regional banks or CDFIs through Bridge. Banks & CDFIs on Bridge will be able to connect with a diverse set of Walmart suppliers in their applicable target market.
Read full announcement HERE.
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