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Credit Score Resources

Free Credit Reports/Scores (no credit card required) from each of the three major credit bureaus

  1. TransUnion – https://www.creditkarma.com/
  2. Experian – http://www.creditsesame.com/
  3. Equifax – https://www.quizzle.com/

Loan Requirements

  • Enrolled GRIC member
  • At least 18 years of age
  • If operating within GRIC, a GRIC business license is required prior to receiving the loan
  • A minimum level or years of business management or operational experience (depending on industry, generally a minimum of 3-5 years)
  • If the business owner has or is planning on hiring employees, the business must have or be in the process of obtaining an Employer Identification Number (EIN).
  • In the case of partnerships, corporations, limited partnerships, limited liability companies, the enrolled member(s) must own at least 51% of the business entity and be the President, Chief Operating Officer, General Partner or Manager.
  • Satisfied prior loans with GRIC/cannot be in default under any loan from the Community or PLFC
  • A family living in the same household is not eligible for more than one PLFC business loan at any one time. All persons living in the same household will be considered a “family”.

Loan Recipient’s Responsibilities

In the majority of cases, PLFC will disburse the loan proceeds directly to third party vendors for the benefit of the loan recipient. Loan recipients are required to produce invoices and/or receipts and show items purchased with the loan proceeds to PLFC staff. PLFC staff have the ongoing right to request, examine and receive financial records of the borrower(s) at its discretion.

Budget Worksheet

Coming Soon

History

On September 27, 2010, Gila River Indian Community Executive Order No 09-27-10 was approved. This Executive Order dissolved the Economic Development Department and authorized the transfer of the Economic Development functions to the Pima Leasing and Financing Corporation.

PLFC soon began operation at the Wild Horse Pass Corporate Center, in Chandler, Arizona and is a legal entity wholly owned by the Gila River Indian Community. The control and management of the affairs of PLFC is vested in a Board of Directors that consist of members of the Economic Development Standing Committee of the Community Council.

The Economic Development Standing Committee hired four of the first PLFC employees: the Executive Director, the Leasing Coordinator, a Business Analyst and the Corporate Secretary. On October 4, 2010, the office staff began their employment with PLFC.

PLFC was a start-up company which meant everything from the business cards to the company logo had to be created and established. The PLFC logo that was chosen and being utilized today is a depiction of a flower basket design weaved by an elder Akimel O’otham woman in the 1900’s.

Since October 2010, the PLFC has grown with employees, tribal member business loan clients and tribal land leasing companies. Although, some of the programs of the Economic Development Department were eliminated, PLFC provides services to the Gila River Indian Community members that include: tax return preparation, credit counseling, and business development training.