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PA
Neighborhood Progress Fund Business Loans
Commercial financing for Philadelphia businesses in distressed communities.
About this program
Neighborhood Progress Fund is a nonprofit lender offering business loans and business development services to entrepreneurs and businesses in distressed Philadelphia communities, with capital for local commercial growth and neighborhood revitalization.
Eligibility
Businesses located in Philadelphia, especially distressed communities, that need commercial financing and can meet underwriting, use-of-funds, and repayment requirements.
Requirements
- Submit a business loan inquiry
- Provide business and financial documentation
- Describe the financing need and community benefit