looking for a organization to help convicted felons with small business and personal loans?
Dec 03, 2009
in
Loans
fuqua8441@sbcglobal.net asked:
I know there are places that help minorities and convicted felons get their life back. As far as small business loans and personal loans.
I know there are places that help minorities and convicted felons get their life back. As far as small business loans and personal loans.
Like this post? Subscribe to my RSS feed and get loads more!
One comment
imisidro on December 4, 2009 at 8:44 pm
There is a non-profit organization called Prison Entrepreneurship Program which is described as “a Houston-based nonprofit organization that leverages the skills of senior business executives to constructively redirect these talents and equip inmates and former inmates with entrepreneurial training—enabling them to productively re-enter society.”
As for small business loans, felons typically find it hard to get one, even SBA. SBA adopts a “cautious” approach to lending to felons and oftentimes bases its decision on how serious the crime committed was and whether there is strong likelihood that the offense will be repeated again.
You must be logged in to post a comment.