CCI is the second SBA microloan lender based in North Carolina, along with Mountain BizWorks. CCI’s microloan program will provide loans up to $50,000 in the following 13 counties: Alamance, Caswell, Chatham, Durham, Franklin, Harnett, Johnson, Lee, Orange, Person, Vance, Wake, and Warren in North Carolina, with hopes of future expansion to other parts of the state.
“We want to be the lender in NC that helps with the first two rungs of the small business lending ladder. SBA’s Microloan program is part of our solution,” said Mike Croxson, CEO of Carolina Community Impact.
“North Carolina posted a record in new business filings for 2021 and continues to report more records this fiscal year. We congratulate Carolina Community Impact on their recent award as an SBA microloan intermediary lender. We look forward to their playing a key role in ensuring that our growing small business population gets the capital it needs to start,…
