WEALF Facts
Interest-free loans range from $5-10,000 with one-on-one mentoring to women business owners
Metropolitan NYC Area focus
A loan option without credit rating requirement, or guarantor processed on open enrollment
WEALF HAS provided over $300,000 to support over 40 businesses
Participants matched with an experienced businesswoman from its Board of Advisors who provide advice and assistance
Sponsored networking events, financial trainings and pop up shows, as well as individual skills-building growth opportunities
Non-profit status organization through affiliation with the Business Center for New Americans (BCNA) www.nybcna.org.
WEALF COMMUNITY
“They’ve just always supported us, every step of the way.”
ENTREPRENEUER: Jennifer Fiore and Nina Lalli : MONDAYS
“We’re doing something really worthwhile and I know that the model we made works.”
MENTOR: VICKI WEINER
“I don’t believe that I would have been able to do this without WEALF.”
ENTREPRENEUER: ANNABELLE SANTOS: SPADET
ABOUT WEALF
The goal of the Women’s Enterprise Action Loan Fund (WEALF) is to help women business owners become financially self-sufficient.
The fund fills a niche for women who cannot obtain financing for their businesses from traditional sources. WEALF provides a first round, interest-free loan of between $5,000 and $10,000 coupled with one-on-one mentoring for businesses. Our focus is local: the New York Metro area.
We recognize that money alone is not enough; to succeed, most business owners need advice and mentoring which is most effectively provided on a personal, one-to-one basis. As a result, an integral and unique part of our program is our network of experienced mentors who provide nurturing advice and guidance.
APPLY TODAY
WEALF offers women a loan option without a credit rating requirement to receive both professional guidance and financial aid to jumpstart their businesses, gain additional exposure, and expand their knowledge within their market segment.