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To provide immigrant and other historically disadvantaged individuals with capital, capacity, connections, and conviction to leverage entrepreneurship for economic and social advancement.
The name “Greenline” was inspired by one of our Board members with a vision to “Greenline Philadelphia” in response to the Redlining Practices around the nation, in particular affecting Philadelphia’s most vulnerable neighborhoods.
The COVID-19 pandemic has ravaged small businesses across Philadelphia, particularly among the city’s business owners of color.
The Philadelphia Equitable ESHIP Ecosystem Report, states the city had an estimated 26,000 small employer businesses (with 1 to 50 paid employees) and 101,000 sole proprietors in 2017, with notable growth among both segments over the prior five years.
However, micro-businesses are often neglected by mainstream banking institutions due to the challenges this segment group face when putting together a loan package.
Greenline’s customized lending products and services offer holistic support to entrepreneurs in achieving their business and financial goals. Since entrepreneurship is often a means to achieve financial mobility, Greenline Access Capital believes that it can most effectively support entrepreneurs when it engages with their entire financial reality.
A core emphasis is placed on bringing the financial resources needed to establish, stabilize, and grow businesses. However, to ensure successful entrepreneurship, it also supports clients in becoming banked, establishing wealth, and accessing additional local, state and federal resources when applicable. This is accomplished through the development of a multipronged entrepreneurial ecosystem, which consists of its internal programming; as well as access to a network of referral partners working in concert to support entrepreneurs in advancing businesses and reaching financial goals.
Greenline Access Capital works to provide and enable access to four core pillars of entrepreneurial success: Capital, Capacity, Connections, and Conviction.
Title VI: In accordance with federal law and U.S. Department of the Treasury policy, this institution is prohibited from discriminating based on race, color, national origin, sex, age, or disability. Submit a complaint of discrimination, by mail to U.S. Department of the Treasury, Office of Civil Rights and Equal Employment Opportunity , 1500 Pennsylvania Ave. N.W., Washington, D.C. 20220, (202) 622-1160 (phone), (202) 622-0367 (fax), or email crcomplaints@treasury.gov (email).
