Clients in the News

By Cheyenne Pagan Source: WNCT RALEIGH, NC – Thread Capital, a subsidiary of the North Carolina Rural Center, and Array Community Development Corporation announced Friday the launch of a new loan program designed to foster shellfish aquaculture in coastal North Carolina. The Shellfish Growers Loan Program, created in partnership with the North Carolina Coastal Federation, will provide loans of up to $50,000 to qualified…

By Charles Duncan Source: Spectrum News The races at the top of the ballot, for Congress, General Assembly and local leaders, have been getting much of the attention ahead of the midterms. But voters around the Triangle will also decide on hundreds of millions in bonds this election. The bonds include new parks in Raleigh and Wake Forest, school funding…

By Kristen Johnson Source: The News & Obeserver The three bonds on the ballot in Wake County were approved by voters on Tuesday, making way for improvements to schools, parks, and the expansion of Wake Technical Community College. On the ballot Tuesday was the Raleigh Parks Bond Referendum, Wake County Public School Bond, and the Wake Tech Workforce Forward Bond.

By Staff Reporter Source: The Robesonian   WASHINGTON — The U.S. Department of the Treasury has announced the approval of North Carolina’s application for up to $201.9 million in funding under the State Small Business Credit Initiative, SSBCI. President Biden’s American Rescue Plan reauthorized and expanded SSBCI, which was originally established in 2010. The new SSBCI is to provide $10…

By Jason deBruyn Source: North Carolina Public Radio   RALEIGH, NC - According to a federal treasury department statement, North Carolina will use the funds to "operate three different programs, including a loan participation program to which it has allocated $160 million."North Carolina small businesses will soon get a financial leg up from the federal government. The U.S. Treasury Department announced it…

By Fred Robinson (Guest Columnist) Source: The Tennessean Tax Day was April 18 and April was Financial Literacy Month. It was the natural opportunity for many people to take stock of their financial situation and plan for the months ahead to ensure their financial house is secured moving forward.  Unfortunately, preparing and getting organized is not as simple as it…

By Cece Nunn Source: WilmingtonBiz Magazine To Mariana Molina, a vacant car dealership on prime Wilmington real estate presented a unique opportunity. Molina is a fledgling developer and a rarity in an industry where much fewer women are at the helm of major projects. The Wilmington resident's company, Bella Vista Development Group, along with partner Craig Davis Properties, bought a…