Blog

February 22, 2011

Who do you know that MetroAction can help?

Do you know  a small or medium-sized business owner looking to expand or an entrepreneur looking to start up  a company?  MetroAction may be just what your client is looking for. We know these clients face a unique set of challenges in today’s economic climate, and that’s why MetroAction offers flexible financing ranging from $250 to $200,000!

MetroAction is the right fit for those who:

  • Have a credit score of at least 500
  • Have not declared bankruptcy in the past 12 months
  • Have not had any late rent or mortgage payments in the past 24 months
  • Are up-to-date on all bills
  • Exhibit steady cash flow and the ability to support monthly loan payments
  • Can provide a co-signer, if needed

MetroAction’s Loan Programs:

STEP Loan Program helps low income people improve their lives by providing access to small business loans and counseling.

Small Business Loan Program was created to provide loans to small businesses that are not able to obtain bank loans.  This program helps small business owners become “bankable” as they grow their business.

Small Business First Loan Program is designed to stimulate the expansion and assist in the retention of small businesses for the purpose of creating new jobs and retaining existing jobs in Pennsylvania.

MetroAction’s Service Area:

MetroAction primarily serves nine counties in northeastern Pennsylvania, including Carbon, Lackawanna, Luzerne, Monroe, Pike, Schuylkill, Susquehanna, Wayne, and Wyoming.  However some of our programs can fund any business in any Pennsylvania County.

As a non-profit organization, MetroAction relies on community support for our small business loan, assistance, and award programs.  If you have any clients that would benefit from our programs and services, please refer them to us or call (570) 341-0270.  A MetroAction staff member will contact the referral within 24-48 hours.