SAN DIEGO--(BUSINESS WIRE)--American Lending Center (ALC) - a subsidiary of Regional Centers Holding Group - yesterday officially announced a five year EB-5 regional center investment partnership with the City of San Diego to enhance economic growth through support of small business development. ALC is excited to embark on this joint commitment to improve and build on international investment in the region.
The Economic Development Department of the City of San Diego (EDD) has recognized ALC as an instrumental asset in fortifying the city’s commercial expansion, and will now begin working alongside the lending center to stimulate investment in local enterprise and American job creation.
“ALC is thrilled to embark on this partnership with the City of San Diego,” said Bruce Thompson, ALC President and former Region IX Administrator for the U.S. Small Business Administration. “This collaboration will bring vital economic growth to the San Diego community and support beneficial foreign direct investment in the area for years to come.”
About American Lending Center
American Lending Center (ALC) is a U.S. Citizenship & Immigration Service designated regional center held by Regional Centers Holding Group. ALC offers investment opportunities to immigrant investors who are interested in obtaining permanent resident status in the United States through the employment-based fifth preference visa (EB-5) program. ALC and Regional Centers Holding Group do not focus on investment in major metro areas, instead deploying needed capital to businesses anywhere that deserve the funding. ALC has completed funding projects in 16 states, and is committed to investment in deserving businesses anywhere, including those in rural and other underserved areas.