Business, Nonprofit and Faith Loans
Borrower and entrepreneur Serigne Seye of Creative Design & Tailoring in Chicago.
Flexible financing to help you take the next step
Our loans are a great fit for nonprofits, religious organizations, or businesses in a variety of industries. Get the financing you need to buy or renovate a building, purchase equipment, pay for everyday expenses, and more.
Available in most states where there is a Self-Help branch. Submit an inquiry form to see if we can meet your needs
Available only in North Carolina and the greater Chicago area.
We offer fully secured term loans, usually requiring real estate collateral, to businesses that have been operating for at least two years.
We do not offer lines of credit or bridge/short-term financing.
We offer fully secured term loans, usually requiring real estate collateral, to businesses that have been operating for at least two years.
We do not offer lines of credit or bridge/short-term financing.
Available in most states where there is a Self-Help branch. Submit an inquiry form to see if we can meet your needs
Available only in North Carolina and the greater Chicago area.
What we look at
When we evaluate your application, we look at the following criteria:
We'll need to see 2–3 years of tax returns. Your business or nonprofit needs to have enough annual cash flow to cover expenses plus the loan payments, with revenue left over.
We will review the experience of project owners, managers and guarantors. We want to see that the owner or manager has relevant experience, both in your industry and in management.
Our loan can't provide 100% of your project's financing. You will need to have some cash investment in the project, too. We sometimes have programs available to support borrowers who need help with capital contributions.
In most cases, your loan will need to be fully secured by real estate collateral. We sometimes have programs available to support borrowers who need help with this requirement.
We will review your personal credit report to see if you have a history of paying debts and suppliers on time. We can make exceptions for one-time events if you can demonstrate consistent on-time payment history otherwise.
Applying for a loan can be intimidating, but we're here to make it as easy as possible, every step of the way. Watch below as loan officer Jennifer Sherwin walks through what you can expect.
Applying for a loan can be intimidating, but we're here to make it as easy as possible, every step of the way. Watch below as loan officer Jennifer Sherwin walks through what you can expect.
Ready to get started?
Fill out a quick inquiry form to connect with our lending team.