People have learned how to work together, and as a result, are increasingly creative and effective in growing a healthy, sustainable community. June Holley June Holley is president of ACEnet. But with the local seafood industry faltering, the bank found it too risky and turned him down. The loan officer referred him to Shorebank Enterprise Pacific, a nonprofit lender just across the Columbia River in Ilwaco, Washington, which supports ventures with positive ecological, social, and economic balance sheets. Shorebank Enterprise extended McIntyre and his partners a line of credit so they could pay fishermen for the catch before the company's wholesale clients paid up.
Few lenders roll up their sleeves and become fishmongers.
But then, Shorebank Enterprise isn't your average lender. Besides providing credit, it offers services such as product development and advice in saving money through environmentally sound practices. So far, the strategy seems to be working. It works for the clients, too. Often you end up doing business with their other clients.