CommunityWorks Receives $500,000 Investment from Capital Bank

CommunityWorks Receives $500,000 Investment from Capital Bank

CommunityWorks (CW) announced a $500,000 Equity Equivalent Investment from Capital Bank, part of the First Horizon National Corp. (NYSE: FHN) family of companies which includes First Tennessee Bank. This investment will help strengthen small business development.  The investment also supports a community loan fund that provides capital to small businesses and developers for fund acquisition, short-term bridge financing, construction and preservation of affordable housing in our community.

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CommunityWorks continues to monitor and evaluate the most current information regarding COVID-19 (coronavirus) as part of our commitment to the health and welfare of our staff, partners and clients.

In an effort to keep our staff as well as our community safe and healthy, our office will be temporarily closed to the public. However, our operation will remain intact. We have instituted a work from home policy to ensure we continue supporting our clients, small businesses and community partners.

As a reminder, you can reach us by calling (864) 235-6331, or by visiting our contact page.

Please note that we are also actively working with our investors and philanthropic partners regarding relief funds for low-income households and small business owners. We will share information with our partners and clients as these ideas develop further.