SOAR programs for minority-owned businesses from Wright-Patt Credit Union.
This messaging is brought to you by Columbus Business First on behalf of Wright-Patt Credit Union. | Financing, Outreach, Education & Support for Minority-Owned Businesses |
Wright-Patt Credit Union® (WPCU®) offers two complementary SOAR (Support and Outreach to Advance Revitalization) programs… to help qualifying* minority-, woman- and veteran-owned companies thrive! SOAR Business Loan* Easier access to capital to launch, run and grow a business Local business financing from WPCU SOAR Outreach Program^ Valuable community connections for local entrepreneurs Financial education tools and training Helpful resources for business success | *To qualify for a SOAR Business Loan, 50% or more of the total ownership must be woman, minority or veteran-owned. All loans are subject to credit approval and may require documentation to be submitted. Disclosure of woman, minority or veteran-owned status to obtain a loan is voluntary; however, it is required in order to qualify for the SOAR Business Loan. Participants may apply for any loan program: conventional or SOAR Business Loan. Business owners do not need to be a WPCU member to apply for a loan, but a business deposit account must be opened and all accounts in good standing before the SOAR Business Loan is funded. ^Participants in the SOAR Outreach Program must open and/or maintain a business deposit relationship with WPCU, as well as remain in good standing on all WPCU accounts. | |