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

Brightpoint Receives Funding From JPMorgan Chase & Co. To Enhance 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 honor included in a $5.1 million grant towards the Community Loan Center Coalition of Texas and Indiana.

“The function of this grant would be to spend money on an employer-based, small-dollar loan system which will offer a substitute for payday lending,” reported Brightpoint President/CEO Steve Hoffman. Continue reading “Brightpoint Receives Funding From JPMorgan Chase & Co. To Enhance Consumer Loan Program”