Washington, D.C. (May 1, 2018) — The Association for Enterprise Opportunity (AEO), a national non-profit organization dedicated to changing the way that capital and services flow to underserved Main Street businesses, launched myWay to Credit (www.mywaytocredit.com), the first-ever bank referral marketplace for small business lending. myWay to Credit gives options to small businesses that don’t currently qualify for financing by connecting them to a vetted network of community lenders and small business mentors. Early bank adopters played an essential role in the successful creation of the referral marketplace. Woodforest National Bank partnered with AEO during the early design and testing phase, and JPMorgan Chase invested through its $150-million Small Business Forward initiative to ensure the creation of a scalable service that can be repeated for any referral partner regardless of size. Both firms are currently referring customers to the marketplace.
Read more about myWay to Credit here.
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