Products
Safe, flexible, and affordable financial solutions for individuals and businesses
Consumer Loans
In Arkansas, the percentage of unbanked and underbanked households falls above the national averages, with 9.7 percent of households in Arkansas that are unbanked and 22.6 percent are underbanked according to www.bankon.org. In the state of Arkansas payday lending is prohibited due its predatory nature.
Traditional financial institutions (Banks) have left many low income communities in Arkansas. The absence of banks has created credit deserts in low income communities, leaving them without equitable access to the US financial system.
Fortunately, there is a safe and affordable alternative. People Trust is a Community Development Financial Institution loan fund, Certified by the United States Department of Treasury CDFI Fund. Our Consumer Loans are safe, flexible, and affordable.
Flexible Small Business Loans
Small businesses are the backbone of America and are a vital part of the economy. Small businesses help the community by creating jobs and opportunities for individuals and families.
We offer easy accessible, safe, flexible low cost loans to small businesses located in low income communities who may not otherwise receive the opportunity. Most banks only look at the borrowers FICO score but fail to take a deeper dive due to various reasons.
People Trust interest rate on all loans is 10% with payback times up to 60 months and no less than 90 days.
Developmental Services
At People Trust, we believe that providing access to capital is just one part of the equation. To truly empower individuals and businesses in low and moderate income communities, we must also provide the knowledge, skills, and support they need to succeed.
Our developmental services complement our loan products by offering comprehensive financial education and business technical assistance. These programs help our clients build the foundation they need for long-term financial success and business growth.
What We Offer
Consumer Loans
10% interest rate with flexible repayment terms from 90 days to 60 months. Safe, affordable alternative to payday loans.
Business Loans
Flexible small business loans with 10% interest rate and repayment terms from 90 days to 60 months.
Education & Support
Financial education and business technical assistance to help you succeed long-term.
Ready to Get Started?
Apply for a loan today and take the first step towards financial stability.
Apply Now