Abstract from Albany Herald

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ALBANY, GA — Albany Community Together (ACT!) has introduced a flexible financing product that allows business owners to repay loans based on real-time cash flow. Partnering with Ned, a technology platform built for modern lending, ACT! is scaling its ability to fund Georgia’s small businesses still recovering from the pandemic.

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Thelma Johnson, ACT!’s President and CEO, noted the initiative as a critical step: “We invested in new capabilities to make sure local businesses have every opportunity to succeed. 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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🔗 Read the Full Article at Albany Herald

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