Rende Progress Capital (RPC) and United Bank announce a multi-year partnership that includes funding to RPC and bank expertise and staff engagement in support of RPC’s mission to provide capital and non-capital resources to local Excluded Entrepreneurs who are excluded from conventional lending and services due to bias.
This is the first type of partnership for both organizations. Eric K. Foster, Chairman and Managing Director of RPC noted that the partnership is one of shared values of diversity, inclusion and equal access to capital for Excluded Entrepreneurs. As he stated, "I appreciate the United Bank values of a patient and collaborative journey to equip us in supporting diverse entrepreneurs who can be prepared for capital.”
Joe Manica, EVP Chief Operating Officer for United Bank stated that "We hope the support and funding provided will strengthen local business, create jobs and produce wealth in our local communities."
Please visit the following link for the full press release announcement by selecting the Press Release titled Press Release: RPC and United Bank at https://www.rendeprogresscapital.com/downloads