I am delighted to share with you the exciting news that Fortis Capital has recently received generous support from M. A. Mortenson Companies, Inc.?Their support will significantly impact our efforts in fostering and supporting economic development in areas where it is most needed for systemically disadvantaged persons primarily in the Minneapolis – St. Paul area, and throughout the State of Minnesota. This capital will help Fortis continue to provide what we believe are the three critical components to successful economic and business development: “Financial,” “Knowledge,” and “Social Capital”. Mark Mortenson commented, “We are excited to expand our partnership with Fortis Capital and help fund the critical work that they do in supporting economic development and growing communities.?We are excited to see Fortis build on the incredible work they have already done.” We are immensely grateful for M. A. Mortenson Companies’ partnership and commitment to supporting equity, opportunity, and community-driven approaches to economic development.?Their investment will help us provide additional capital and technical assistance to businesses that need additional support to cross the finish line.?Fortis Capital will also leverage this contribution 5x -10x by opening capital markets that would otherwise be unattainable to persons that have been historically locked out. As we move forward with our work, we look forward to updating you on our progress and the meaningful impact of this support. Once again, our heartfelt thanks M. A. Mortenson Companies, Inc. for their belief in our mission and their investment in our shared vision for creating sustainable systems that center equity, opportunity and community-driven approaches to solves our most complex challenges. Warm regards, Brian K. Smith CEO Fortis Capital
Fortis Capital MN
非盈利组织
Minneapolis,MN 598 位关注者
Access to Capital – Financial ● Knowledge ● Social - Helping disadvantaged businesses
关于我们
Fortis Capital is a nonprofit community development company that provides access to capital for BIPOC businesses and businesses in challenged communities in the City of Minneapolis. Created in 2019 with support from Living Cities and the City of Minneapolis, Fortis Capital partners with banks and CDCs to make participation loans to businesses that otherwise would not be able to qualify for the level of credit they need. While borrowing money can be complex and difficult, Fortis Capital’s proven lending model has been assisting businesses in Minneapolis for many years. Fortis Capital works with its lending partners to make the process smoother and easier during the entire term of your loan. If you are a business looking for financing or a lender interested in partnering with Fortis Capital, please contact us at: [email protected].
- 网站
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https://fortiscap.org
Fortis Capital MN的外部链接
- 所属行业
- 非盈利组织
- 规模
- 2-10 人
- 总部
- Minneapolis,MN
- 类型
- 非营利机构
- 创立
- 2019
- 领域
- Access to Capital和Small business loans
地点
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主要
US,MN,Minneapolis,55401
Fortis Capital MN员工
动态
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Fortis Capital partnered with Twin Cities LISC to assist Grass roots LLC in their development of a new commercial building at 401-405 Lake Street.?The Project is intended, among other things, to create a multi-generational destination center that celebrates the historic confluence of Latin and African cultures on Lake Street.?This exciting project represents our first direct participation loan with LISC. Congratulations to: Ibrahim “Abe” Demmaj If you are a business looking for financing or a lender interested in partnering with Fortis Capital, please contact us at: [email protected]. If you would like to support the mission of Fortis Capital, please consider making a tax-deductible donation at: https://lnkd.in/eH66Ppsb.?Fortis Capital is a 501(c)(3) non-profit, community development company.
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Fortis Capital, in partnership with VisionBank, assisted Odigo Properties purchase and renovate their building and wellness center at 3115 Hennepin Avenue.?By their own description, “Odigo is a calming oasis in the heart of Minneapolis”, where “You will feel right at home with our diverse group of practitioners, teachers and facilitators.”?This exciting project represents our first loan with VisionBank. Congratulations to: Vera Tatiana León de Mancini Dr. Marakah Mancini de León Dr. Michele Renee Dr. Stephen Thompson If you are a business looking for financing or a lender interested in partnering with Fortis Capital, please contact us at: [email protected]. If you would like to support the mission of Fortis Capital, please consider making a tax-deductible donation at: https://lnkd.in/eH66Ppsb.?Fortis Capital is a 501(c)(3) non-profit, community development company.
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Fortis Capital, in partnership with Coulee Bank, assisted Nicholas Capital in structuring a revolving loan financing package to assist them in their growth in the Greater Minneapolis area.?This loan represents Fortis Capital’s first project with Coulee Bank, and the first deployment of the new Fortis Capital Revolving Loan Guaranty Program.? Congratulations to Jarrett Williams and his team. If you are a business looking for financing or a lender interested in partnering with Fortis Capital, please contact us at: [email protected]. If you would like to support the mission of Fortis Capital, please consider making a tax-deductible donation at: https://lnkd.in/eH66Ppsb.?Fortis Capital is a 501(c)(3) non-profit, community development company.