The Women’s Enterprise Action Loan Fund (WEALF) Fills a gap for underserved entrepreneurial women in New York by providing access to no-interest small business loans with mentorship and a supportive community. WEALF is proving that age, zip code, and ethnicity are not barriers to gaining support necessary to grow a business. Loans are granted without collateral or a guarantor, a prerequisite for traditional loan programs.
WEALF offers women a loan option without a credit rating requirement to receive both professional guidance and financial aid to jumpstart their businesses, and small businesses gain additional exposure, and expand their knowledge within their market segment.