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Elizabeth Street Capital

Elizabeth Street Capital

Women-owned businesses are a vital part of the U.S. economy. That's why Self-Help is pleased to partner with Bank of America and the Tory Burch Foundation to offer loans to female entrepreneurs through the Elizabeth Street Capital program.

Over the next two years, Elizabeth Street Capital will provide female small-business owners in 18 cities across the U.S. with access to capital. Borrowers will also receive mentoring support and networking opportunities to help them grow their businesses and create communities of women entrepreneurs across the country. Self-Help loans through this program are available throughout North Carolina and in the South Carolina counties of York, Chester and Lancaster.


To get started, email ElizabethStreetCapital@self-help.org or call 919-956-4448.

  • Connections to mentoring and networking opportunities
  • Competitive interest rates
  • Both short-term working capital loans and long-term loans available
  • Use the loan for any business need, including:
  • Starting, buying, or expanding a business
  • Purchasing real estate
  • Acquiring or upgrading equipment
  • Buying inventory
  • And more!
  • Local business experience and expertise
  • Professional service, personal attention
Loan Criteria

When evaluating a loan application, we look at all of the following:

1. Industry-relevant experience. What experience do you have in the industry of your business?

2. Personal credit history. Do you have a history of good on-time payments? (For a free copy of your credit report, go to www.annualcreditreport.com.)

3. Capital/owner's investment. How much money can you invest in your business or project? We generally like to see an investment of 20 to 30 percent.

4. Cash flow. Can your business cover expenses and the loan payments?

5. Collateral. What can you use to secure the loan? Possible collateral might include real estate, cash and, in some cases, equipment or vehicles.

6. Personal debt-to-income ratio and secondary sources of income. It can take a long time for a business to become profitable enough to start paying its owners. For start-ups especially, we look for the borrower or co-signer to have a secondary source of income.