Self Help Federal Credit Union
Self Help Federal Credit Union
Categories
Non Profit Business & Professional Services
About
Finding a source of capital is a major challenge for start-up businesses and entrepreneurs. The small businesses and entrepreneurs we serve typically don't come to us with high profit margins or valuable collateral, and that's okay. We work closely with our borrowers to make sure they have a solid business plan. If you're not quite ready today, we can offer free advice on a specific action plan to lay the groundwork for your venture.
Our small business owners and nonprofits come in all shapes and sizes, often with unconventional business models. Examples of our borrowers include cooperatives, solar and biofuel providers, green businesses, churches and social service organizations. We're proud that 40% of our business lending has been to woman-owned enterprises.
In all, we've provided more than 4,400 loans totaling $1.1 billion to businesses, nonprofits and community facilities providers, helping our borrowers maintain and create more than 42,000 jobs.