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Community First Offers Microloans to Lancaster Area Businesses

July 23, 2009

Through the SBA Microloan Program Community First provides small loans to start-up, newly established, or growing small businesses.

Under this program, SBA makes funds available to nonprofit community based lenders (like Community First) which, in turn, make loans to eligible borrowers in amounts up to a maximum of $35,000.

These microloans make up more than half of the number of active loans in Community First Fund’s loan portfolio.

Many of these microloan borrowers go on to obtain additional credit at Community First.

For more information contact Community First at 717 393-2351

2 Comments leave one →
  1. November 12, 2009 4:57 pm

    Do you provide SBA Microloans in other areas of the country? I work with Program Funding Consultants and we help people secure SBA Microloans Nationwide. please contact me. We may be able to refer clients in your area to you and perhaps you could refer clients you cannot assist to us. We have an 80% success ratio accross the nation.

    • November 13, 2009 2:31 am

      SCORE Lancaster operates only in Lancaster County Pennsylvania. SCORE Lancaster offers a local microloan program in cooperation with the City of Lancaster for city businesses. We also work with Lancaster County clients to secure other kinds of SBA loans.

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