LIFT Program



 

 

About LIFT

THE LIFT PROGRAM AIMS TO ADDRESS COMMON CHALLENGES FACED BY SMALL, MINORITY ,WOMEN-OWNED, AND DISADVANTAGED BUSINESSES .IT OFFERS ACCESS TO CAPITAL, INSURANCE, HIGH-QUALITY TEAM MEMBERS AND A SUPPORT SYSTEM TO ENSURE COMPANY SUCCESS. AS LOCAL MARYLAND CONTRACTORS GROW THROUGH THE LIFT PROGRAM, THE PROGRAM ALSO CONTINUES TO GROW TO MEET CONTRACTORS EVOLVING, EXPANDING NEEDS.

Four LIFT Pillars

LIUNA MEMBERS

THIS PILLAR IS THE FOUNDATION OF THE LIFT PROGRAM 

 

FOR OVER 100 YEARS, LIUNA HAS INVESTED IN ITS PEOPLE, STRIVING TO ELEVATE FAMILIES INTO THE MIDDLE CLASS BY PROVIDING ACCESS TO TRAINING AND WELL-PAYING CONSTRUCTION JOBS WITH LIVING WAGES AND BENEFITS. LIUNA REPRESENTS A DIVERSE, LOCAL WORKFORCE AND PARTNERS WITH CONSTRUCTION CONTRACTORS WHO ALSO EMBRACE MARYLAND’S DIVERSE COMMUNITIES. THE SUCCESS OF ALL OTHER LIFT INITIATIVES IS GROUNDED IN OUR DEDICATED MEMBERS WHO PROVIDE CONTRACTORS WITH A HIGH-QUALITY SKILL SET. 



TEAM SUPPORT

THIS PILLAR IS CRITICAL TO THE ENTREPRENEURIAL JOURNEY

 

IN ADDITION THE THE LIFT PROGRAM PARTNERSHIPS WITH FULTON BANK AND ULLICO, PARTICIPATING CONTRACTORS ALSO BENEFIT FROM THE EXPERTISE OF NATIONAL AMERICAN CONSTRUCTION SERVICES, WHICH PROVIDES ASSISTANCE WITH ACCOUNTING, DOCUMENTATION, BIDDING , AND PROJECT SCOPE. THE PROGRAM WAS DEVELOPED BY MAYSON-DIXON, ANOTHER MINORITY CONTRACTOR AND CONSULTANT, WHOSE TEAM HAS ACCESS TO VARIOUS MANAGERS AND CAN GUIDE CONTRACTORS THROUGH THE DIFFERENT PILLARS OF THE PROGRAM



FUNDING

THIS PILLAR PROVIDES ACCESS TO CAPITAL

LIUNA HAS PARTNERED WITH FULTON BANK WHICH OPERATES IN MD, PA, VA, DC, WV, AND NJ AND HAS CREATED A DIVERSE, TAILORED BUSINESS BANKING PROGRAM TO SUPPORT MWDBE CONTRACTORS. LIUNA HAS COMMITTED AN INITIAL $1 MILLION OF FIRST-LOSS CAPITAL TO THIS PROGRAM, ADMINISTERED BY FULTON BANK EXPERTS. AVAILABLE FINANCIAL PRODUCTS INCLUDE LOW-INTEREST EQUIPMENT LOANS, MOBILIZATION LOANS, ACCOUNTS RECIEVABLE LOANS, BRIDGE LOANS, LINES OF CREDIT, AND OTHER FULTON SERVICES SUCH AS BUSINESS BANKING, MERCHANT SERVICES, SMALL BUSINESS ADMINISTRATION PRODUCTS, AND PAYROLL SERVICES.



INVESTMENT

THIS PILLAR ENHANCES PARTICIPATING CONTRACTORS’ COMPETITIVENESS  

  1. SMALL BUSINESS INVESTMENT PROGRAM: OFFERS GRANTS BASED ON PROJECT MANHOURS.
  2. SMALL BUSINESS INSURANCE INITIATIVE (SBII): LIUNA MEMBERS HAVE INVESTED THEIR PENSION FUNDS WITH ULLICO, INC. THE ONLY WHOLLY LABOR-OWNED FINANCIAL SERVICES COMPANY. IN PARTNERSHIP WITH NFP, ULLICO CASUALTY GROUP, LLC PROVIDES THE ULLICO/NFP SMALL CONTRACTORS SURETY BOND ASSISSTANCE PROGRAM. THIS PROGRAM HELPS MWBEs SECURE BONDING, AND GAIN ACCESS TO VARIOUS INSURANCE PROGRAMS INCLUDING UMBRELLA, GENERAL LIABILITY, BUILDERS RISK, WORKERS COMPENSATION, BUSINESS AUTO AND HEALTH INSURANCE.

HOW TO APPLY:

PLEASE EMAIL THE FOLLOWING INFORMATION TO LIFT@MAYSONDIXON.COM

 

  1. YOUR CONTACT INFORMATION
  2. A BRIEF OVERVIEW OF YOUR COMPANY
  3. TYPE OF WORK YOUR COMPANY PERFORMS
  4. NUMBER OF EMPLOYEES AND EQUIPTMENT OWNED
  5. TYPE OF SUPPORT YOU ARE SEEKING (LOAN, GENERAL INSURANCE, WAGE GRANT, BONDING)
  6. THE PROJECT FOR WHICH SUPPORT IS BEING REQUESTED AND THE TOTAL CONTACT VALUE