Thursday, March 6 2014 4:53 PM EST2014-03-06 21:53:44 GMT
Steve and Annette Economides, otherwise known as America's Cheapest Family, gives people ways to save money in just about every aspect of life. The Economides said that on average a family of our spendsMore >>
Steve and Annette Economides, otherwise known as America's Cheapest Family, give people ways to save money in just about every aspect of life.More >>
"We know there's a great need for small business capital
in Toledo," said Anneliese Grytafey, manager of ECDI Toledo. "There was a study
completed that showed we have a $15 million lending gap in the central city
neighborhoods. We know all around the region, banks just aren't lending those
smaller amounts of money."
The group recently opened an office in Cleveland.
The programs and services provided by ECDI are supported
by federal, state, local and private funds. The group is targeting companies in
the food service industry, local contractors and other small businesses which
are looking for opportunities to obtain new capital to expand operations and
hire more employees.