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Meridian Health Plan of Illinois and Liberty Bank and Trust Partner to Create Small Business Loan Program

Nov 21, 2024•over 1 year ago

Contract Type

partnership

ChicagoFinancial ServicesNon ProfitGovernment

Description

Meridian Health Plan of Illinois and Liberty Bank and Trust have partnered to create a small business loan program aimed at supporting and empowering diverse and small businesses in Illinois. Meridian has granted $500,000 in seed funding to support $2.5 million in lending power for minority-owned small businesses.

Company Information

Company

Meridian Health Plan of Illinois and Liberty Bank and Trust

Location

Chicago, Illinois, United States

About

Meridian Health Plan of Illinois, Inc. is a provider of government-sponsored managed care services. Liberty Bank and Trust is a community bank that provides various financial services.

Predictive Intelligence
Strategic

ML-powered predictions for Meridian Health Plan of Illinois and Liberty Bank and Trust's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.