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Access to Capital for Entrepreneurs Receives Investment From Fifth Third Bank to Build on CDFI Partnership
Additional funds expand our ability to meet financing needs of minority- and women-owned businesses Atlanta, GA, September 30, 2020 — Access to Capital for Entrepreneurs (ACE) announced it recently received a $1 million loan from Fifth Third Bank. The community development financial institution (CDFI) used the funds to deploy loans to small businesses throughout Georgia.…
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Truist Donates $40 Million to Launch Innovative Nonprofit Fund Supporting Ethnically, Racially Diverse and Women-Owned Small Businesses
Commitment to the CDFI sector designed to significantly increase investment in communities and entrepreneurs that have experienced decades of underinvestment Charlotte, NC, -September 23, 2020 – Truist Financial Corporation (NYSE: TFC) today announced a $40 million initial donation to help establish CornerSquare Community Capital, a new national nonprofit fund that will support selected community…
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ACE Women’s Business Center | SBA’s Frontline Warriors ‘on point’ Ready to Serve
Alejandra Diaz and Sandra Font of the ACE Women’s Business Center by: Patrice Dozier (DOTR), Economic Development Specialist, SBA Georgia District Office, U.S. Small Business Administration ACE Women’s Business Center (WBC) Director Sandra Font and Program Coordinator Alejandra Diaz have earned a name that small businesses and our SBA family can trust!! The SBA Georgia…
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Access to Capital for Entrepreneurs Receives $4 Million Grow With Google Small Business Fund Loan to Help Small Businesses Recover From Impact of COVID-19
Mark and Teresa Bishop, owners of Just Right Auto Service in Roswell, Georgia, have been loan clients with ACE since 2016. They were recently able to get their Paycheck Protection Loan through ACE as well. Opportunity Finance Network has awarded the loan to support the CDFI’s work helping minority- and women-owned businesses Atlanta, GA,…
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SBA’s Disaster Loan Basics
As a resource partner of the U.S. Small Business Administration, ACE Women’s Business Center will be happy to assist clients with the application process of the SBA’s Economic Injury Disaster Loans. Please read the information provided below carefully to see if you meet the requirements. SBA’s Economic Injury Disaster Loan (EIDL) Basics Who is eligible to…
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COVID-19 Message From Grace Fricks, President and CEO
Dear Business Owners, All of us at ACE have been monitoring the rapidly evolving COVID-19 situation, and we wanted to share the steps we’re taking to keep our staff, borrowers, partners and communities safe. We recognize the severe dislocation occurring in the small businesses and communities we serve, and we are in active discussions with…