Area investment firm secures $20M infusion from credit line

TAMPA — Catalyst Community Capital Inc. has obtained a $20 million line of credit from a Boston-based community bank that will support the Tampa investment firm’s goal of providing capital to small business owners, community organizations and developers.

According to a press release, Catalyst, which bills itself as a mission-driven, nonprofit lender, plans to use the credit facility to fund commercial loans backed by first mortgages on commercial properties.