PCG Capital Partners With Honeycomb Credit As Community Investor
PCG Capital’s $250,000 Initial Investment will Support Local Small Businesses in Pittsburgh
Pittsburgh, PA – November 19, 2024 – PCG Capital is proud to announce its strategic partnership with Honeycomb Credit by becoming an institutional impact investor on the platform. PCG Capital is committing $250,000 as an initial investment to support small businesses in the Pittsburgh region, beginning with a $60,000 Small Business Saturday kickoff event. During select hours on Saturday, November 30, 2024, PCG Capital will match funds dollar-for-dollar up to the designated amount for select businesses. These businesses, vetted by Honeycomb Credit, will receive the capital they need to grow, thrive, and make a lasting impact in their communities.
This partnership reflects PCG Capital’s ongoing commitment to community and social impact. PCG Capital’s vision focuses on fostering relationships within the community and directly impacting businesses that shape the local economy. It aims to ensure that the company’s investments go beyond financial returns and empower businesses to make a positive difference in Pittsburgh’s neighborhoods.
Honeycomb Credit’s innovative platform connects small businesses with investors, providing the capital they need to grow while allowing local investors to participate in their success. With PCG Capital’s substantial investment, more local businesses in Pittsburgh will have access to the resources they need to create jobs, improve services, and drive economic growth.
“At PCG Capital, we believe that small businesses are the backbone of our region’s economy. By investing in them, we’re supporting their growth and strengthening the communities they serve,” said Justin Kaylor, EVP of PCG Capital. “Honeycomb Credit is the perfect partner for this initiative because they have the ability to see into a community at a depth that we cannot in the impact space. They are experts in listening to and learning from the community members who need financial lending the most to make a greater impact. Their vetting process ensures we’re making a real difference in the lives of business owners who share our values of enduring community impact.”
This collaboration marks an exciting step in PCG Capital’s continued expansion into community-focused investing. As a leading real estate development and investment firm, PCG Capital’s partnership with Honeycomb Credit reflects its commitment to its mission of supporting impact-driven investments.
About PCG Capital
PCG Capital is a Pittsburgh-based firm specializing in ethically investing in real estate development, capital, and impact-driven projects. With a commitment to operational excellence and community partnerships, PCG Capital works to build vibrant communities and foster long-term, sustainable growth. Under the leadership of EVP Justin Kaylor, PCG Capital is dedicated to investments that directly benefit the region’s businesses and residents.
About Honeycomb Credit
Honeycomb Credit is a community capital platform that allows small businesses to borrow directly from their neighbors. The platform connects small business owners with investors to fuel local growth, create jobs, and strengthen communities. With a mission to democratize access to funding, Honeycomb Credit helps local businesses and communities thrive together.
