Entre Capital, LLC is the commercial finance subsidiary of Prison Entrepreneurship Program (PEP), a Texas non-profit 501 ( c )(3) organization.
Credit programs are historically based on how many times a borrower falls down – late payments, repossessions, liens, judgments, bankruptcies, felony convictions. Our heart is to calibrate how many times they get back up, but that only measures half the story. Keeping up is the real challenge. And that requires transformation.
Business Plan Competition kickoff, Estes Unit, Spring 2019
Center podium: Bryan Kelly, CEO of Prison Entrepreneurship Program. Sharks, from left to right: Doug Deason, Deason Capital Services; Biggs Burke, Circle of Excellence; Dr. Joe Harford, Founder, Reclamere, Inc., Mark Holden, Koch Industries and Stand Together Chamber of Commerce.
November 20, 2019
George W. Bush Presidential Center
Commemorating its 15th year of facilitating “Start Up Lives” for incarcerated men, PEP hosted a shark-tank style event titled "Barbed Wire to Business Accelerator – Fueling Growth through Impact Investing”. The venue showcased three PEP graduate-owned companies, competing for growth capital, as well as meaningful opportunities for social impact investors. And, Entre Capital was born.
Credit programs are historically based on how many times a borrower falls down – late payments, repossessions, liens, judgments, bankruptcies, felony convictions. Our heart is to calibrate how many times they get back up, but that only measures half the story. Keeping up is the real challenge. And that requires transformation.
We provide affordable loans to small business entrepreneurs seeking a second chance at their vocational initiatives. Underwriting criteria are accommodating, based predominantly on industry experience and collateral. We provide neither venture capital nor consumer lending, but work with financial service organizations that do.
The development services we provide are focused on the sustainability of the businesses we serve, within 3 principal pathways: Financial Literacy training, Collateral Management (including fraud mitigation) and Relentless Engagement with our volunteers.
From left to right: Amy and Pat Gotcher, Chairman of PEP Governing Board; Jay Hein, Sagamore Institute
Class & Individual Curriculum Business Plans
Legal Entity Formation
Insurance and Risk Management
Managing Cash Flow
Purchasing Assistance
Collateral Verification Maintenance Programs
Inspection and Recovery
Transfer and Re-Assignment
Assigned Mentors and Advisors
Bookkeeping Services
Drug and Alcohol Testing (as required)
Business Bank Account Monitoring
Financial Reporting and Review
Carl Bracy
PEP 2019 Volunteer of the Year
Director, ESchool
Curriculum Champion