Contact Info

5200 Warren Street

Phone: 215-452-0100

Fax: 215-452-0101

Web: West Philadelphia Financial Services Institution

WPFSI Vision

Our vision is to create urban communities that are vibrant, diverse and flourishing environments where wealth and economic opportunity is accessible.

How Credit Works – Free Credit Counseling Workshop

Register Here Today, if you own a business or are thinking about starting a business, or a consumer, good credit is critical in making sound financial decisions and not an option. Unfortunately, many small business owners (and consumers) have poor credit which always haunts them as they try to build and establish [...]

Family Owned Business

Our expert guest, Phoebe Coles, CEO and Founding Partner of a family-owned marketing company discusses funding options, best practices and more.

Building Community Wealth

Building Community Wealth in Philadelphia Many local economic development efforts work under the premise that community revitalization is a zero-sum game, where progress can only be achieved in one area through extracting resources from another. Too often this unproductive and dangerous competition positions marginalized individuals against each other. Every community has intrinsic and unique [...]

What To Do When Disaster Disrupts Your Business

The devastating losses (human life and property damage) as a result of hurricanes Harvey and Irma in recent weeks is the focus of Septembers There's Money Out There broadcast. Although we empathize with the victims of these catastrophic natural disasters, all too often we forget the same can happen to us and have a monumental impact [...]

New American Entrepreneurs

70,000 foreign-born small business owners make up 40% of NYC startup companies, but there are real barriers. Our interview with two such immigrant business owners reveals their experience.

Why Banks Don’t Lend To Small Businesses

Strange right, especially since small businesses are the engines that are responsible for economic growth?

Banking Black and Community Development

Will Bank Black Movement Make Real Change in Black Communities? And, what can individual community members do to ensure the empowerment of black financial institutions?

Leveraging Relationships In Business

Entrepreneur Case Study How To Leverage Relationships In Business How important are building and leveraging relationships in business? According to StreetSmart Business Development, "Opportunities to create enduring client relationships present themselves on a daily basis in the form of "basic" communications. Things like emails, meetings, presentations, proposals and follow up. These basic initiatives can build [...]

Can a Small Business Benefit from an Asset-Based Loan?

What is an Asset-Based Loan? Typically, asset-based loans are based on the value of a business’ assets, specifically, accounts receivable and inventory. If for example, a business is highly leveraged or undercapitalized, an asset-based loan may provide a viable source of operating capital. This type of financing is based on the liquidation value of the [...]

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