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GBBT - R3 Score and the Association for Enterprise Opportunity Announce National Expansion of Small Business Lending Pilot

Denied small businesses will be scored using R3 Score and receive a second look for loan potential approval by lenders 

BALTIMORE MD via NewMediaWire --Global  Boatworks  Holdings, Inc. (OTC: GBBT), ("Global" or "the Company") an innovative provider of better-contextualized data to businesses for the 1-in-3 Americans living with a criminal record, and consumers with thin credit files, today announced the expansion of a pilot  in collaboration with the Association for Enterprise Opportunity (“AEO”) that aims  to serve small businesses across the country that are owned by people living with arrest and/or conviction histories.


AEO is the leading voice of innovation in microfinance and microbusiness in the United States. AEO and its 2,700 members and partner organizations have helped millions of Americans access resources and services for creating wealth, assets, and healthy communities through business ownership. Capital One  Financial Corporation’s grant to AEO allows R3 Score and AEO to support community lenders known as Community Development Financial Institutions (CDFIs) to increase small businesses’ access to overlooked consumer profiles. This is the second year Capital One Financial Corporation has funded this work. The additional year enables expanded deal flow to CDFIs across the country assessing both criminal justice and lending risk for the purpose of increasing small business loans to entrepreneurs living with a conviction record.

The pilot expansion announced today specifically brings online a new pipeline - applicants who were previously denied capital by  an online  lender will receive a second opportunity to secure funding by way of a “second look” program utilizing R3 Score.

“The partnership with AEO has provided key resources to micro and small businesses across the country during very hard times, so we are excited for the expansion of this pilot to reach even more entrepreneurs living with records. This pilot is part of a larger marketing strategy we have initiated to attract more CDFIs as customers.  This expansion with AEO is encouraging in our effort to drive our FinTech model forward,” said Laurin Leonard, CEO of GBBT.

"R3 Score’s innovative approach to  contextualize data and help cure a national crisis—access to capital  amongst  some of the most disadvantaged  entrepreneurs is  groundbreaking,” said Connie E. Evans, President, and CEO of AEO. “The  opportunity  to help  prevent  recidivism  and create  economic  opportunity  can have  a  double positive impact.”  AEO’s commitment to diverse entrepreneurs,  and specifically to entrepreneurs living with records, has   been built into a strategic effort known as  Endeavor Ready 2.0, with various programmatic support for CDFIs and entrepreneurs.   

About Global Boatworks Holdings, Inc. and R3 Holdings, Inc.  

Global completed a definitive Share Exchange Agreement with Baltimore, Maryland-based R3 Technologies, Inc. on September 23, 2020. R3 Holdings, Inc. is a SaaS company that provides a more contextualized criminal background report and alternative credit score for use by businesses of all sizes and in every industry. R3’s AI-enabled, financial software platform uses proprietary data-driven scoring designed to unlock new valuable information about employees and financial services consumers utilizing a multi-factor algorithm based on 11 factors assessing character, capacity, and current choice. To learn more about R3 Score, visit  


About Association for Enterprise Opportunity (AEO)  

AEO is the leading voice of innovation for microbusiness and microfinance. We create economic opportunity for underserved entrepreneurs throughout the United States. We engineer transformational change through Research, Incubation, Convening & Advocacy to foster a robust and inclusive marketplace. For more information, visit  

Forward-Looking Statements  

This press release may contain “forward-looking statements.” Forward-looking statements reflect the current view about future events. When used in this presentation, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan,” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this presentation relating to the view of the management of R3 Score Technologies, Inc. (the “Company”) concerning its business strategy, future operating results, and liquidity and capital resources outlook. Forward-looking statements are based on the Company’s current expectations and assumptions regarding its business, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. The Company’s actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you, therefore, against relying on any of these forward-looking statements. Factors or events that could cause the Company’s actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. The Company cannot guarantee future results, levels of activity, performance, or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.  



 Investor Relations Contact:  

TraDigital IR  

Kevin McGrath