From Wikidelphia
Jump to navigation Jump to search

FINANTA is a nonprofit lending institution facilitating access to capital and consultation services for entrepreneurs, consumers, and first-time homebuyers.

  • FINANTA lenders are trained to meet the cultural, social, and language needs many clients have, allowing for effectively administer financial services to unbanked and underbanked populations. Because of this uniquely attentive and hands-on approach to financial counseling, FINANTA has a low 3% default rate and an average 1.1% loan loss, lower than the traditional banking industry average. FINANTA’s programs are designed to strengthen borrowers’ credit and financial capability, giving them the resources they need to receive additional loans from FINANTA or mainstream banking services.