Self-Help Credit Union

Serving Small Businesses and Nonprofits


Financing for Business and Social Entrepreneurs

Finding a source of capital is a major challenge for start-up businesses and entrepreneurs. The small businesses and entrepreneurs we serve typically don't come to us with high profit margins or valuable collateral, and that's okay. We work closely with our borrowers to make sure they have a solid business plan. If you're not quite ready today, we can offer free advice on a specific action plan to lay the groundwork for your venture.

Our small business owners and nonprofits come in all shapes and sizes, often with unconventional business models. Examples of our borrowers include cooperatives, solar and biofuel providers, green businesses, churches and social service organizations. We're proud that 40% of our business lending has been to woman-owned enterprises.

In all, we've provided more than 4,400 loans totaling $1.1 billion to businesses, nonprofits and community facilities providers, helping our borrowers maintain and create more than 42,000 jobs.

Working to help make healthy foods available in all communities

Self-Help is working to help make healthy foods available in all communities – not just some of the more affluent ones. Earlier this month Self-Help Federal and National Cooperative Bank teamed up to help finance Los Angeles’ With Love Market & Café. The financing will help With Love open a 3,000-square-foot start-up grocery market and café in Southwest Los Angeles – a community where you can mostly find convenience stores, fast food and only two full-service grocery stores. No wonder the diabetes rate there is three times higher than the rest of Los Angeles.

With Love Market and Café also will include a community development arm focused on providing health and food education. The business aims to be the neighborhood’s source of organic produce and other healthy foods as well as a community hub and learning space.
With-Love
With Love Market and Café