Lending

Impact lending for positive change.

Apply Now

Working Capital Loans

To meet some of your company’s short-term financial needs, you can take advantage of a working capital loan. This loan is typically repaid within a year and can be used to finance inventory, accounts receivable or any other current asset.

Bridge Loans

Bridge loans can be used as short-term financing to bridge an anticipated or awarded cash source. Many of our bridge loans finance municipal grants or loans that are paid on a reimbursement basis. This loan is typically repaid within a year.

Term Loans

This type of loan is used to finance some of your company’s longer term capital expenditure needs. Terms loans can be used to purchase machinery, equipment, furniture, leasehold improvements, commercial vehicles and most other fixed assets excluding real estate.

Business Line of Credit

Instead of borrower a sizable sum of cash, you can opt to open up a business line of credit instead.  This will allow you to access money as the need arises, similar to using your credit card.

Commercial Mortgages

Commercial mortgages can be used to finance real estate acquisition and refinancing.  These loans are typically secured by real property, such as commercial land, buildings and private residences.

Construction Loans

Construction loans can be used to finance the development and construction of commercial property.  These loans are typically secured by real property, such as commercial land, buildings and private residences.

Neighborhood Solution

If you recently started a business, plan to start a business or need help implementing a growth strategy, the Neighborhood Solution could be the answer to your short-term and intermediate financing needs.  Terms and conditions are flexible and are based on the entrepreneur’s needs.

1

Determine your eligibility.

2

Complete your application form.

3

Speak with one of our associates.

4

Gain approval to make an impact.

We believe determination and community impact are the best indicators of eligibility.

Banks look carefully at borrowers before they lend money, and often refer to the “4 C’s” which stand for Credit, Character, Capacity and Collateral. These are the primary indicators most lenders use to evaluate risk. And while the 4 C’s are important, Neighborhood Progress Fund believes there’s usually more to the story. For us, it’s all about Community Impact. We call this the “5th C” and it carries a lot of weight when we consider someone for a loan.

  • Applicant must be a legal business entity
  • Business entity must be registered in Pennsylvania and located in Philadelphia County
  • If an existing business, the entity must have filed tax returns in the most recent fiscal year

Learn More

Loan Application Form

Personal Information

Business Plan

Income Tax Returns

Financial Statements

Legal Documents

Start making an impact today.

Apply Now

We’ve invested over $20 million in
small businesses.

View Our Impact

Ali Albert Anaim, DPM, PC

The building was in serious disrepair, but the convenient next door location made it an obvious choice. Dr. Anaim secured most of the financing through…

Read Story

You can lend a helping hand, too.

Donate