Bridgeway Capital provided working capital loan to Genesis House Ministries in Uniontown, PA. Bridgeway serves a variety of customers ranging from small manufacturers to startup entrepreneurs. Another important market is the nonprofit sector. It includes organizations that tackle the region’s most pervasive and persistent challenges. One organization ready to make a difference is Genesis House Ministries, a rehabilitative residential facility in Uniontown, PA.
“Igniting economic activity is our focus, but organizations like Genesis House are also essential components of community revitalization”
– Mark Peterson, Bridgeway’s President and CEO
Genesis House Ministries will provide job training and placement services, substance abuse counseling, and family integration assistance for men released from the prison system. These services can decrease the damage that long-term incarceration inflicts on family and community well-being.
The working capital loan to Genesis House Ministries was in collaboration with Fay-Penn Economic Development Council (Fay-Penn). The loan will fund expenses including payroll, supplies, and other startup operating costs.
“Genesis House is a good mission fit for Bridgeway because it’s the only residential program offered in Fayette County providing these vital services to the formerly incarcerated”
– Reid Smith, Loan Officer
395 East Main Street Uniontown, PA 15401