In 1996, a group of community leaders, entrepreneurs among them, in lower Kensington, Philadelphia gathered to address a growing concern: a demand for business financing unmet by the local banking industry.
One year later, FINANTA was open for business. Offering bilingual services and strongly rooted in the community, the nonprofit lending institution made its first loan to a local recycling company.
FINANTA is proud to operate out of our headquarters at 1301 North 2nd Street. The FINANTA Center opened in 2009 as a hub for local economic development, business networking, and professional services, offering affordable office space-for-lease by entrepreneurs and nonprofits, acting as a business incubator for the local community and the Philadelphia region. Over the past 20 years, our loan portfolio has come to reflect the diversity of contemporary Philadelphia: from immigrant, family-run micro-enterprises, to real estate developers, cutting-edge designers, and nonprofits. Lets continue to grow together.