Michael Jeans Connects Neighborhood Businesses With Loans: Startup Scaleup

CLEVELAND, Ohio — Let’s say you’ve got a small business in a diverse, low- or moderate-income neighborhood and you need a loan to build or expand.

Maybe you should get to know Michael Jeans during JumpStart Inc.’s “Startup Scaleup” gathering Tuesday, June 28.

Jeans’ Growth Opportunity Partners is “not a lender of last resort,” the group says. “The businesses we partner with must meet stringent credit underwriting standards and be committed to community development through the creation ‘meaningful-wage’ jobs.”

JumpStart, a nonprofit that provides advice, coaches and other resources to help expand the region’s tech industry, is hosting the day-long Startup Scaleup for Northeast Ohio inventors, creators, coaches and financiers to share ideas and network at venues throughout the Gordon Square Arts District on Cleveland’s West Side.

Jeans, president of Growth Opportunity Partners and a veteran of the financial services industry, will moderate “Finding Money For Your Idea,” to help entrepreneurs and small business owners determine what types of funding options might work best for them, whether it’s a loan, crowdfunding or venture capital investment.

He’ll also take part in “How Community Lending Can Help Your Small Business,” a session focused specifically on getting financed through a community lender.

Jeans is not a push-over and he’s going to have demands, but entrepreneurs know that, right? He’s different from a bank.

Read the full story at Cleveland.com.