A local nonprofit community lender will be able to help small business owners in metro Atlanta.
Martina Edwards, who serves as the chief of strategic partnerships at Access to Capital for Entrepreneurs, says it’s all thanks to CornerSquare Community Capital, a new national nonprofit fund created to support racially diverse and women-owned businesses during the COVID-19 pandemic and beyond.
President Lynette Bell of the Truist Foundation says the foundation recently donated $40 million to create the nonprofit fund that will support selected community development financial institutions, or CDFIs. The CDFIs will then allocate funds to small business owners.
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