The “Held Here, Lent Here” Campaign
Lift Investing has established the “Business Banking Accounts Program” with Lift financial institutions (LFI’s) headquartered in your State having branches in your region. Working in conjunction with businesses and nonprofits, this program pairs actively lending and reporting community banks with businesses who want to bank local to: increase access to local capital, spur economic growth, increase the circulation of local dollars, stimulate the local tax base, and promotes lending within communities. This Lift Investing program is the true “Go Local” solution for businesses that want to make a difference in their communities through banking with our actively lending community banks!
The key provisions of the Program are:
- The Business will move their business banking account(s) into qualified LFI’s. All account fees and interest
rates are negotiated between the LFI and business.
- The LFI shall set a goal to lend the equivalent of the majority funds received for business loans to
strengthen the local economy. Lift Investing will provide reporting on the programs impact and promote
the businesses role in the “held here, lent here” campaign.
- Business allows LFI to share relevant financial information with Lift Investing to create a county-level
lending goals and administer the program.
Signed below to memorialize opting into the business banking accounts program: