As a nonprofit organization, ShoreBank Enterprise Cleveland (SEC) focuses on business development in the core city because we believe that without a vital core, Northeast Ohio can't thrive. We are particularly concerned about the east-side of the city and the adjacent communities. We want to see minority owned businesses grow successfully. We work hard to know our communities, the businesses that are located here and the people who live here. We strive to build on these assets, generate wealth and create economic opportunity.
Our niche is to help small businesses no matter which industry e.g. welding, crafts, food, etc become more competitive and profitable. Our services include loan and equity investments from two enterprise finance funds: ShoreBridge Capital and the ShoreGrowth Fund. We offer working capital loans and lines of credit where traditional institutions are unable to do so. We operate the Glenville Enterprise Center, a place where businesses and organizations find affordable office space and business support services. And we broker workforce solutions for companies and individuals that support employee recruitment and retention.
This web site will introduce you to who we are and what we do. If you have other questions, please don't hesitate to contact us.