Verity Credit Union announced that it will join other banking partners contributing to Microsoft’s Partner Capital Fund to financially support small businesses in Washington.
The Microsoft Partner Capital Fund was established in 2020 to provide $50 million in working capital to small businesses, with the goal of driving growth in underserved communities and addressing social inequality through financial means, according to a communicated.
“We hope our involvement will serve as a catalyst to encourage other companies to invest strategically to create new opportunities for more people in our community,” said Anita Mehra, Vice President of Global Treasury and Services. financials of Microsoft, in a press release.
Verity Credit Union will provide financial contribution in the form of installment loans ranging from $25,000 to $500,000.
Learn more about Verity Credit Union here.