Womens Opportunities Resource Center - Lending Program
2010 Chestnut Street, Philadelphia, PA 19103
Eligibility
Application process
Visit website for more information.
Fees
Applicants typically pay 2% of the loan amount as a loan origination fee, as well as any other applicable fees such as collateral and deed filing.
Service area
Bucks, PA
Delaware, PA
Montgomery, PA
Philadelphia, PA
Description
Completes the loan packaging and works with the applicant to present it to area banks for funding. Offers a variety of loans: A) Credit Builder Loan up to $2,500 B) Direct Loan $1,000 to $2,500 C) Small Business Loan up to $10,000; Credit Line up to $20,000; Expansion Loan up to $50,000; and Real Estate Loan for Business Property up to $350,000
Providing organization
Womens Opportunities Resource Center
Provides access to capital for low-income and underserved populations in the Philadelphia metropolitan area with a specific emphasis on serving women and minorities who lack access to capital and credit.