Brightpoint Receives Funding From JPMorgan Chase & Co. To Grow Consumer Loan Program

Brightpoint Receives Funding From JPMorgan Chase & Co. To Grow Consumer Loan Program

Brightpoint (previously Community Action of Northeast Indiana or CANI) announced that is has received nearly $1 million in funding from JPMorgan Chase & Co. to expand its consumer loan program today. Brightpoint received this prize as an element of a $5.1 million grant into the Community Loan Center Coalition of Texas and Indiana.

“The reason for this grant is always to spend money on an employer-based, small-dollar loan system that may offer a substitute for payday lending,” reported Brightpoint President/CEO Steve Hoffman. Continue reading “Brightpoint Receives Funding From JPMorgan Chase & Co. To Grow Consumer Loan Program”