Lendistry Expands Partnership with U.S. Department of Energy to Support Small Businesses in Energy Sector

Lendistry, a prominent small business lender, has announced an expanded partnership with the U.S. Department of Energy's Office of Energy Justice and Equity (EJE). This collaboration focuses on the equitable distribution of federal funds to small businesses in the energy sector, aiming to bridge gaps in accessing contracts and achieving their potential.

The partnership will enable Lendistry to provide essential resources and capital to help small businesses flourish during the transition to clean energy. By doing so, it seeks to level the playing field for local and underrepresented business owners, ensuring they have the same opportunities for economic growth as others in the sector.

Director Shalanda Baker from the DOE highlighted that the initiative supports equity and energy justice, crucial for a successful clean energy transition by energizing local and underrepresented businesses. On the other hand, Lendistry CEO Everett K. Sands mentioned that small businesses, particularly those in underserved communities, require capital to scale and secure government contracts, which this partnership aims to facilitate.

Lendistry remains dedicated to supporting business growth by providing the necessary tools and expertise, setting the stage for enhanced competitiveness of U.S. businesses on an international level.