Line of Credit
Our Line of Credit is a renewable line of credit for any of your general lending capital needs. This is a fantastic opportunity for Native CDFIs to launch an emergency loan product. On a one-year term, the current interest rate is 3.0-4.0% with an origination fee of 1%. This loan will have either quarterly or monthly interest-only payments with the principal due at maturity.
If you are interested in either of our new loan products, please follow the link below to access the Oweesta portal for the loan application. If you do not yet have access to the portal, please contact Isaiah Cornelius at Isaiah@oweesta.org to set up access.
https://www.vistashare.com/p/first_nations_oweesta/Oweesta-Portal/login.html
For more information on these loans and how to apply, please contact Florence Ludka at florence@oweesta.org
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