Albany Community Together offers new financing tool for businesses
ALBANY — Albany Community Together (ACT!) has announced a new flexible financing product that enables business owners to repay based on cash flow. In partnership with Ned, the recently-launched technology business that powers the offering, ACT! will expand its ability to finance Georgia businesses rebuilding after the COVID-19 pandemic…
ACT! President and CEO Thelma Johnson said the offering will be another step to support small businesses “in recovering, rebuilding and relaunching.”
“We invested in new capabilities to make sure local businesses have every opportunity to succeed,” Johnson said. “Flexible financing will help ACT! level the playing field and ramp up our support for business owners in hardest-hit communities…”
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