Brightpoint (formerly 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 towards 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 which will offer an option to payday lending,” reported Brightpoint President/CEO Steve Hoffman. payday loans South Carolina “Thanks to your good money from JPMorgan Chase, Brightpoint should be able to help to keep more bucks when you look at the pouches of families within our community.”
