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CDC launches small business lending seminars in partnership with TD Bank; next session Aug. 13
Summary
Mister Boxley said the CDC has begun a five‑part small business and real estate lending seminar series with TD Bank to connect Gullah businesses to lending resources; the next session is scheduled for Aug. 13 at Island Rec Center.
Mister Boxley, representing the CDC, briefed the task force on emergency operations activation for the incoming storm and on a new five‑part series of seminars for small business and real estate lending in partnership with TD Bank. "Through the CDC, last month, we began a series of seminars for lending, small business and real estate lending in partnership with TD Bank," he said, adding the next session is Aug. 13 at the Island Rec Center.
Boxley said the first session drew about 20 community members despite rainy conditions and that the series will cover day‑to‑day business operations, credit‑building and flexible underwriting approaches intended to help small and Gullah‑owned businesses access capital. He said the CDC is also exploring local lenders and a lending program designed to be sustainable rather than a one‑time grant stream.
Why this matters: local small businesses and community organizations may gain access to tailored lending tools and regional bank resources; the seminar series could improve access to credit for startup phases and community development. Boxley said future sessions and flyers will be circulated and that the CDC is pursuing additional outreach early next year.
Next steps: Boxley will circulate session details and work with staff and task force members to connect affected residents and applicants to seminars and lending resources.
