Fast Track Program

PE's Fast Track Program offers larger loan amounts to entrepreneurs that have been in business for a year or more. While offering a more flexible time commitment than PE's Peer Program, it still provides entrepreneurs with the support of other entrepreneurs.

Is Fast Track right for me?

• Have you been in business for more than one full year?
• Do you have sales revenues of at least $5,000 over the past year?
• Do you lack credit history and collateral needed for commercial loans?
• Do you need up to $3,000 to get your business to the next level?
• Do you have formalized record keeping (ex. tax records, keep ledgers)?
• Do you have a business bank account?

If you answered YES to ALL of these questions, the Fast Track is right for you!

Features

• First loan is up to $3,000, additional levels up to $12,000.
• No collateral required
• Credit history is not determining factor
• Flexible loan terms: 6-months. 12-months or 18-month repayment plans

Benefits

• Access to capital to expand your business
• Larger loan amounts and less time requirements than PE's Peer Lending Progrm
• Opportunity to network with other business owners
• Ongoing technical assistance from PE staff
• Access to PE partnerships including business counseling, credit unions, pro bono legal services
• Automatic payment deductions from business bank account to save you time

How do I get started?

• Complete the Business Information Questionnaire
• Have documentation that shows you are running a business with revenues of at least $5,000 over the last 12 months
• Provide proof of bank account and ledgers
• Attend our 2-day training seminar - $25 fee
  • March 13 and 14 (Harlem)
  • June 12 and 13 (Brooklyn)
  • August 7 and 8 (Harlem)
  • November 20 and 21 (Brooklyn)

 For more information or to register for our next Fast Track Training, contact Michelle Eames 212-678-6734 ext.19 or email michellee@projectenterprise.org

Pay your registration fee using paypal now:

Upcoming Training Dates

August 7th - 8th November 20th-21st