Blog

December 22, 2008

Loans for Small Businesses

MetroAction Small Business LoansDid you know that MetroAction, a local non-profit community development organization, offers loans up to $50,000 for small businesses? 
In today’s economy, with banks tightening their credit policies, start-up and expanding small businesses are having a harder time finding the credit they need.  What sets MetroAction apart from traditional sources of financing is our ability to be flexible when evaluating a loan request.  Whether it’s slow cash flow, credit scores or collateral that is standing in your way, contact us.   
 
About MetroAction’s Loan Programs:

  • Terms: 2-5 years
  • Interest Rates: Range from 8.49% to 14% and are fixed.
  • Uses: Working capital, equipment/inventory purchases, renovations, etc.
  • No pre-payment penalty
  • We service 8 counties in NEPA

MetroAction has helped more than 200 small businesses obtain over $2.8 million in financing.  We are an approved lender through the U.S. Small Business Administration (SBA) and the U.S. Department of Agriculture (USDA). 

Applying for a MetroAction small business loan is simple – complete our Pre-Qualification Application and we’ll determine which small business loan program best suits your needs.  
 
You can apply online or download a Pre-Qualification Application. For information on our loan programs or to apply, visit our website, www.MetroAction.org or contact us at (570) 342-7711.

When banks can’t help, MetroAction can! Email or call us today!