Helping Emerging Entrepreneurs &
Small Businesses Access Capital

NPHS Business Opportunity Loan Program: In partnership with a network of CDFI nonprofit lenders, NPHS is promoting the Business Opportunity Loan Program providing small business owners access to microloans and revolving loan funds.

The microloan program helps advance the economic well-being of small business owners by providing easy-to-get, fast and affordable loan terms. The microloans range from $2,600 to $100,000 for working capital, equipment, inventory, vehicles, business acquisitions and more.  These loans provide capital to clients who do not have access to traditional financing allowing small businesses to grow, become profitable and hire more employees to strengthen the local economy. Using a relationship-based model, barriers such as limited credit history, insufficient collateral, or limited time in business are removed.

The revolving loan fund is fixed-term loan which can be layered with other primary financing that can be used for business expenditures such as tenant improvements, working capital and owner-occupied commercial property acquisitions. Loans from the revolving loan fund range in size from $100,000 to $500,000 and can be used to finance tenant improvements and owner-occupied commercial acquisition. Businesses must be in operation for a least 2 years with 5 to 100 employees, and revenues between $250,000 to $10 million.  A minimum credit score is required, and the loans are guaranteed through collateral.

For more information about the NPHS Business Opportunity Loan Program or other small business loan programs, please contact Jenny Ortiz, Vice President of Social Enterprise & Innovations via email at jortiz@nphsinc.org or call (909) 204-7451.