Savannah, GA, October 23, 2024 – The Small Business Assistance Corporation (SBAC) received a $5,000 donation from Bank OZK in support of SBAC’s Credit Builder Loan Program. This contribution will directly assist small business owners by helping them improve their personal and business credit, which can lead to better loan opportunities and sustainable business growth, positioning them for long term financial success.
As a Community Development Financial Institution (CDFI), SBAC is committed to expanding economic opportunities to small businesses by providing essential lending solutions and business advisory services. With this donation, SBAC will continue its efforts to offer personalized credit-building support, helping entrepreneurs boost their creditworthiness, and secure financial stability needed to grow their businesses.
“Bank OZK’s contribution ensures that we can continue our mission of providing financial resources and personalized support to our small business clients,” said SBAC’s Business Advisory Services Manager, Kassidy Jones. “We are grateful for this donation, which will directly benefit small business owners by improving their credit and setting them on the path to a sustainable financially secure future.”
SBAC’s Credit Builder Loan Program is available to small business owners in Southeast Georgia and the Lowcountry of South Carolina. The program consists of bi-monthly credit education workshops, one-on-one credit and business counseling, and a $1,000 credit builder loan offered at 0% interest. The next workshop is schedule for Tuesday, November 19, 2024, from 12:00pm – 1:00pm, offered online or in person at 111 E. Liberty Street, Savannah, GA 31401.
For more information on the credit builder loan program, visit here: https://bit.ly/3UiEWXm
About SBAC:
The Small Business Assistance Corporation (SBAC) is a nonprofit organization dedicated to providing loans, credit-building support, and business advisory services to small businesses throughout Southeast Georgia and the Lowcountry of South Carolina. As a Certified Community Development Financial Institution (CDFI), SBAC’s mission is to promote equitable access to financial resources, support diverse business growth, and foster economic development.
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