To help members find the financial support and resources they need for their businesses, Associated Hair Professionals (AHP) has partnered with DreamSpring, an award-winning nonprofit Community Development Financial Institution (CDFI) that increases access to credit, makes loans, and provides support for entrepreneurs.
“We’re proud to partner with DreamSpring and offer their array of support to our members,” says Les Sweeney, president of AHP. “Their mission and services provide resources and support for entrepreneurs who don’t typically fit a traditional lending profile and open doors that may otherwise feel out of reach. Many of our members hope to start their own practice someday or grow their businesses to a more sustainable level. This partnership allows those dreams to become a reality.”
The partnership between AHP and DreamSpring is designed to connect wellness and beauty professionals with the capital they need to fund their businesses, while building credit and expanding business networks along the way. AHP’s members can access these resources and support through a portal on the DreamSpring website.
“AHP, and its sister associations, are ideal partners in empowering hair, esthetics, bodywork, massage professionals to unleash their potential,” says Anne Haines, president and CEO of DreamSpring. “Together, we’re building an ecosystem of accessible capital and small business support so that wellness and beauty professionals can shape their futures, nurture their clients, and vitalize their communities.”
Products available to AHP members include a pre-approved Power Line of Credit (a fixed-rate, 24-month revolving line of credit) with special terms for AHP members, as well as a variety of small business loans. Applications can be completed online or with in-person support from lenders who are experienced in navigating diverse financial realities.
AHP members can access this newest member benefit on their Discounts page.