Founded in 1999 and headquartered in Nashville, Pathway Lending is a community development financial institution (CDFI) certified by the U.S. Department of the Treasury. It has grown to become a major lending institution in the Southeast, lending over half a billion dollars across Tennessee and Alabama, propelling meaningful economic growth and creating affordable housing in communities across the region. Pathway delivers thousands of hours of financial and business coaching annually through its Business Advisory Services Team, Women’s Business Center and Veterans Business Outreach Center to support the needs of a growing number of diverse and emerging entrepreneurs.
Pathway Lending established its Community Development Entity (CDE) in 2016 with the express purpose of attracting greater New Markets Tax Credits investments to Tennessee, a state the CDFI Fund has identified as underserved by the NMTC program for many years. To date, Pathway’s CDE has allocated $70 million through the NMTC program to support $306 million in total investments, retain over 1,160 existing jobs, create over 745 new permanent full-time jobs, and support 670 construction jobs in Tennessee and Alabama.
