People Incorporated Financial Services

People Incorporated Financial Services was created in 2001 to address business development financing needs throughout Virginia. This People Incorporated affiliate administers the microenterprise development and small business financing activities for People Incorporated.

Board of Directors
Charlotte Mullins, Chair; David McCracken, Secretary; D. Scott Peak, Treasurer; Christina Forrester; David Yates; Jan Selbo; Billy Taylor; Sheila Combs Tuggle; Chris Shortridge; Alice Meade; John Rock; William (Tripp) Butler;

As a Community Development Financial Institution certified by the U.S. Department of Treasury, People Incorporated Financial Services offers loans, development services and financial products to small and emerging businesses. People Incorporated Financial Services works to strengthen local economies in 22-jurisdiction service areas including the counties of Bland, Buchanan, Carroll, Dickenson, Floyd, Grayson, Lee, Russell, Scott, Smyth, Tazewell, Washington, Wise, and Wythe and the cities of Bristol, Galax and Norton in Southwest Virginia and the counties of Clarke, Frederick, Page, Shenandoah, and Warren in the Northern Shenandoah Valley.

People Incorporated Financial Services has extensive experience providing small business and microenterprise development and lending services in low-income communities, and is the only CDFI headquartered in rural Virginia. Since its inception in 1992, the People Incorporated Financial Services loan portfolio has grown to include 308 microenterprise and business loans, which to date have created 475 jobs and retained 180 more.

Financial Services Programs

business and entrepreneurship

Microenterprise Loans
Small business loans
Business classes
Entrepreneurial Coaching
Business Technical Assistance

Consumer financial services

Debt Consolidation
Short Term Loans
Car Loans
Financial Literacy Training

Community building and economic development

Ninth District Development Financing
New Markets Tax Credits Program


OFN Member