What is the Mini Loan

Program (MLP)?

The goal of MLP is to help people get their finances back on track.

Whether you’re caught in cycle of debt due to a payday/auto title loan or if you have a qualifying emergency expense,

you CAN find a way out and feel more secure about your financial future.

The Mini Loan Program does not assist with Monthly Bills (utilities, car payments etc.), Rent or Mortgage payments (current, past due, or evictions), and credit card payments.

Types of Loans

The main component of MLP is a “mini loan” which helps stabilize program participants by preventing a cycle of debt. These loans will offer a manageable monthly payment that you can pay back over the course of a year. You may qualify for one of the two types of loans listed below, based on your particular situation.

Break Free from a Payday or Auto Title Loan

If you have been trapped by a payday or auto title loan, we can help you get out.  MLP’s Conversion Loan converts short-term, high-interest loans into a low-interest loan.

  • 3% interest over 12 months with lower, manageable monthly payments
  • Work with payday lenders no longer! Instead, work with SVdP and our reputable banking partners
  • We support you the whole way: financial coaching and budget support
  • Amounts between $500 and $4,000

Cover an Emergency Expense

Don’t turn to a payday or auto title loan! If you have an emergency expense that you don’t have funds for, an Emergency Loan may be right for you.

  • Available for emergency expenses like vehicle repairs, appliance replacement or repairs, new apartment deposits, funeral expenses, or medical bills- 3% interest over 12 months with low monthly payments
  • The Mini Loan Program does not assist with Monthly Bills (utilities, car payments etc.), Rent or Mortgage payments (current, past due, or evictions) or credit card payments.
  • Amounts between $500 and $2500

Loan Requirements

  • Reliable, documented source(s) of Income 
  • Bank Account or qualifying Debit Card Account (for ACH withdrawals)
  • Expenses must not exceed Income
  • Current form of Government issued picture ID
  • Must be willing to complete monthly budget with MLP coordinator 
  • For Emergency Loans, a written estimate of the expense from a third party service provider.  All loan proceeds for emergency expenses, if approved, will be made payable directly to the service provider.
  • Direct Deposit

The Mini Loan Program is available to individuals who live in one of the counties in our service area. These counties include: Collin, Dallas, Ellis, Fannin, Grayson, Hunt, Kaufman, Navarro and Rockwall. We cannot help if you do not live in any of these counties.

One Year Can Change a Life


MLP isn’t just another debt trap. We are here to support you in making a permanent change to your life.

While you are a part of this program, you will receive:

    1. One-on-one coaching from our trained advocates,
    2. Resources to help you budget,
    3. Bankability: we work together with banking partners you can trust,
    4. Savings incentive: We make the first $50 deposit into a new savings account when you have successfully paid your loan off to commemorate your job well done!

average saved per MLP participant

If you think you might qualify, please fill out our online screening form.

Reminder:  The Mini Loan Program does not assist with Monthly Bills (utilities, car payments etc.), Rent or Mortgage payments (current, past due, or eviction) and credit card payments.

In Their Own Words: MLP Participants

I have accomplished something I didn’t think was possible for me…I paid off my loan during the COVID-19 pandemic…now I am in a good place.


I was robbed the day rent was due…I had just opened my own hair salon and business was slow starting.
After closing my payday loan, SVdP helped me learn to manage my finances, so I could spend less than I earned. Then, they supported me as I earned enough to pay that loan back. I’ll never go near a payday loan again…those things are bad!

Mr. C

After loan approval, I had advocates who were willing to spend time with me, guide me to make tough decisions, and help keep me on track. They provided a positive viewpoint by reminding me of my progress. It was a reality check. Feeling blessed!


Would you like a fresh start with your finances?

 Participate in our Financial Freedom Workshop, offered online and in person.
For more information contact Juli Maxon, at 214 520 0650 x 124.