True Access Capital, formerly known as First State Community Loan Fund, is a Community Development Financial Institution (CDFI) that empowers business owners and entrepreneurs in Delaware and southeastern Pennsylvania. They provide technical expertise and access to capital, particularly for women, minorities, and underserved individuals who may face barriers when seeking traditional loans.
Since its establishment in 1991, True Access Capital has supported over 1,425 small businesses and organizations with nearly $50 million in loans. They offer loans ranging from $5,000 to $250,000, catering to the needs of small and emerging businesses looking to start or expand. Additionally, True Access Capital goes beyond lending by providing training, business advice, and a Women's Business Center that assists female entrepreneurs in building successful businesses through mentorship, business planning, financing, and marketing strategies.
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