looking for a organization to help convicted felons with small business and personal loans.?
Tuesday, March 9th, 2010 at
11:53 pm
I know there are places that help minorities and convicted felons get their life back. As far as small business loans and personal loans.
Tagged with: Business • convicted • felons • help • loans • looking • organization • personal • Small
Filed under: Small Business Loans
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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.”
http://prisonentrepreneurship.org/
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.