Bridges Built by Citi and Best Buy
ACE is proud to be a participant on the Bridge built by @Citi platform that allows lenders to easily view & interact with businesses that are seeking $100k – $10 million in business financing. Best Buy and Citi are collaborating to offer the Bridge built by Citi platform (“Bridge”) to the retailer’s small-and medium-sized suppliers. In addition, lenders on the Bridge platform will increase their potential to expand and diversify their lending.
ACE is the first CDFI (Community Development Financial Institute) in the country to participate with Citi Bridge. We are proud to use Bridge built by Citi® as another capital resource to serve the small businesses in Metro Atlanta and North Georgia. With our recent expansion to South Georgia, we look forward to helping more entrepreneurs expand their businesses through capital, coaching, and connections.
said Grace Fricks, President and CEO of ACE
We’re pleased to be able to expand our reach to include Best Buy suppliers as part of this collaboration to continue supporting small businesses with capital, business advisory services, educational resources and tools.
Best Buy will market Bridge to their small-and-medium sized suppliers as a means to connect with local and regional banks or CDFIs through Bridge. In turn, banks & CDFIs on Bridge will be able to connect with a diverse set of Best Buy suppliers in their applicable target market.
