At JPMorgan Chase, we are committed to our communities and work with a diverse group of partners to provide creative and innovative solutions that respond to community development and affordable housing needs. These partnerships are essential to making a meaningful impact on communities, their residents and businesses.

In the CommunitySPRING 2017

Lifting Minority and Women-owned Small Businesses with Increased Capital

Access to capital is vital to the success of small businesses and the economic growth of communities. Demonstrating our commitment to small businesses, through the Small Business Forward program Chase made a $4.6 million grant to LiftFund (Opens Overlay), formerly known as ACCION. Funding will support the new LiftUp loan program and help increase access to capital for underserved minority and women-owned small businesses.

For more than 20 years, LiftFund has provided capital and technical assistance to help small business owners reach their dreams. The new LiftUp loan program will help small businesses get capital quicker by slashing approval times – to a few days from several weeks – for affordable small business loans in Atlanta, Austin, Dallas, Houston, New Orleans and San Antonio.

In the Community is published by JPMorgan Chase CRA Management

JPMorgan Chase & Co. Fair Lending Statement
JPMorgan Chase & Co. (JPMorgan Chase) is committed to treating all individuals fairly and equitably in the conduct of its lending businesses in all jurisdictions where it conducts business. This commitment is part of our fundamental mission of providing quality financial services to existing and prospective customers in accordance with all applicable laws. In the United States, this principle is embodied in fair lending laws such as the Equal Credit Opportunity Act and the Fair Housing Act. These laws require the equitable treatment of all credit applicants, without regard to race, sex, sexual orientation, color, national origin, religion, age, marital status, disability or other prohibited basis. Denying any person equal access to basic economic opportunities, such as home ownership or credit, is morally repugnant, has no place in our company and will not be tolerated. Only through the efforts of all of us at JPMorgan Chase can we ensure that every applicant for credit receives fair and equitable treatment and that we have helped each member of the communities JPMorgan Chase serves reach his or her fullest potential.