Expanding Access to Capital
The Enterprise Center is an affiliate of PathStone Corporation, a multi-state community development corporation. PathStone has been providing human, social and development services to low-income individuals and communities since 1969. PathStone established the Enterprise Center in 1997, and it became designated as a Community Development Financial Institution (CDFI) in 1998. The Enterprise Center is also designated as a Community Development Entity (CDE) under the New Markets Tax Credit program.
PathStone Enterprise Center’s mission is to enhance the economic self-sufficiency and quality of life of individuals and communities through entrepreneurial training, technical assistance and access to financing for new and expanding businesses and mortgage products for underserved borrowers.
The Enterprise Center carries out its mission by making loans to small and micro businesses, and by accompanying those loans with a strong program of pre-loan and post-loan technical assistance designed to support our clients growth. The Enterprise Center’s loans range in size from $5,000 to $250,000, however, most start-ups are limited to $50,000 maximum loan.