We've created an online loan participation directory for the We Care credit unions in New York City. This directory allows credit unions to see who is offering participations at any given moment, and in what amount. Interested credit unions can contact us here.
We're also working on an online loan-syndication platform for credit unions. As the majority of the credit unions we serve are not large enough to single-handedly fund major projects, pooling the assets of multiple institutions gives 'micro' credit unions the ability to diversify while maintaining personal relationships with the community.
Loan Participation Directory
We invest directly in start-up microenterprises. For clients looking to establish a new business, we will dispense up to $5,000 with rates ranging from 15% to 20% over a two-year maximum term.