Peer Loans

To be eligible for a peer loan through our program, participants must be a member of a Washington C.A.S.H. Peer Loan Group (Spanish or English), which meets once per month. Peer Loan Group members have access to peer loans up to $5,000, with an initial loan up to $1,000. Loans can be used for eligible business purposes, including purchasing equipment, launching an e-commerce Web site, advertising, or obtaining raw materials.

The loan interest rate is fixed, prime + 4, set at the time of funds disbursement. Interest rates may be substituted by a commensurate flat service charge in the event that payment of interest conflicts with borrower’s religious or moral beliefs.

The following requirements must be met to apply for a peer loan:

Graduate from the Washington C.A.S.H. business training program
Join a peer support group
Have a business plan and financial statements
Open a business checking account
Obtain any necessary state and city business licenses
Clearly identify the need for the loan and your plan for repayment

Washington C.A.S.H. | 2100 24th Avenue South • Suite 380 • Seattle, WA 98144 | P: 206·352·1945/360·698·4088 F: 206·352·1899 Email: info@washingtoncash.org
Washington C.A.S.H. (Community Alliance for Self-Help) empowers aspiring entrepreneurs with limited resources—and unlimited potential. We provide the hands-on education, support, and access to capital needed to launch and manage successful small enterprises in the Puget Sound region, focusing on low-income, women, and minority populations.
Washington C.A.S.H. is an equal opportunity employer, and prohibits discrimination on the basis of race, creed, sex, national origin, disability, sexual orientation, or other consideration made unlawful by federal, state, or local laws. Reasonable accommodations for people with disabilities provided upon request. All sites are wheelchair accessible.
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Peer Loans

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