Starting in 2019, the Mon Valley Alliance Foundation created a Microloan Program to provide low interest loans up to $50,000 to businesses starting or growing in Washington, Westmoreland, Fayette and Greene counties. The loan program is intended to assist with business and job creation or retention, providing a positive economic impact on the community.
“The MVAF Microloan Program has allowed me to jumpstart my business without hesitation. The Alliance is filled with great people who are very easy to work with and who are eager to help those in the Mon Valley region pursue their dreams in business with affordable interest rates. I appreciate the opportunity to work with the Mon Valley Alliance Foundation to start my business.”Emilio Galis, Elite Physical Therapy & Fitness
“Thank you for the support of the Mon Valley Alliance Foundation through the Microloan Program. Channel Craft had the opportunity to acquire our vendor’s Laser Cutting & UV Printing equipment, and bring a major facet of our production from Chicago into the Mon Valley last year. By the end of the 1st quarter we were completely self sufficient and our 30% distribution margins have expanded to 70%.”Dean Helfer, Channel Craft