Financial Coaching
We build trusted relationships that strengthen financial health, build readiness, and expand access to opportunity.
At ProsperUs Detroit, our mission is to support entrepreneurs with the opportunities and capital needed to build businesses, generational wealth, and vibrant neighborhoods.
Financial Wellness Coaching is a critical part of that mission.
Access to capital does not happen in isolation. It is built on financial readiness, credit health, and sustainable systems. Our coaching model is intentionally designed to strengthen the personal financial foundation that supports long-term entrepreneurial success.
WHAT TO EXPECT
Financial Wellness Coaching is a structured, one-on-one partnership that equips entrepreneurs and community members with the knowledge, tools, and systems necessary to build financial stability and increase access to opportunity. Our coaching includes:
- Credit Health & Improvement
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- Comprehensive credit report review
- Education on scoring factors
- Strategic credit rebuilding plans
- Establishing positive tradelines
- Preparing for future lending readiness
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- Debt Reduction & Strategic Repayment
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- Identifying high-impact repayment priorities
- Developing manageable payoff plans
- Negotiation education and restructuring guidance
- Preventing recurring financial strain
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- Cash Flow & Budget Alignment
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- Personal income and expense analysis
- Aligning spending with long-term goals
- Emergency savings development
- Stabilizing financial patterns to support business growth
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- Restructuring & Payment Integration
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- Reviewing existing financial obligations
- Identifying opportunities for restructuring
- Adjusting repayment strategies to reduce stress and missed payments
- Integrating debt payments into a manageable monthly structure
- Creating systems that improve consistency and accountability
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- Capital Readiness Preparation
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- Positioning entrepreneurs for loan applications
- Strengthening financial documentation practices
- Aligning personal and business financial profiles
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COACHING TAKEAWAYS
Our Financial Wellness Coaching is intentional in three keyways:
- It Strengthens Access to Capital: Entrepreneurs often rely on personal credit and financial stability to secure funding. By improving credit health and cash flow management, we increase the likelihood of sustainable capital access.
- It Builds Generational Wealth: Financial literacy, strategic credit use, and structured debt management create long-term financial mobility—not just short-term relief. These systems support wealth-building across families and future generations.
- It Supports Community Transformation: When entrepreneurs are financially stable, their businesses are more resilient. Strong businesses create jobs, stabilize neighborhoods, and contribute to vibrant local economies.
CREDIT BUILDER LOAN PROGRAM
At ProsperUs Detroit, our 12-month Credit Builder Loan Program is designed to help individuals establish or rebuild credit in a structured, supportive way.
In partnership with One Detroit Credit Union, participants deposit $25 per month into a secured savings account. These monthly deposits are reported as installment loan payments, helping to build positive payment history and strengthen credit profiles over time.
At the end of the 12-month term:
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The full amount saved is released to you
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You receive an additional grant match for successfully completing the program
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You walk away with improved credit history and increased savings
This program is ideal for individuals with limited, inactive, or rebuilding credit who are ready to take intentional steps toward financial stability and future capital access.
By combining credit building with savings growth, the Credit Builder Loan supports both immediate credit improvement and long-term financial resilience.
PLAN TO PROFIT: FINANCIAL READINESS ACCELERATOR
The Plan To Profit: Financial Readiness Accelerator is a cohort designed to help participants strengthen their financial wellness and prepare for potential lending capital eligibility.
By the end of the program, participants should have a stronger understanding of their personal financial picture and practical tools to help them build a solid financial foundation. Participants will receive guidance and support as they work toward improving their financial readiness and preparing for future financial opportunities.
- Personalized Support: Receive guidance throughout the program to help you identify your financial goals, understand your next steps, and take action toward greater financial readiness.
- Schedule: This program runs for 3-weeks, with participants meeting as a cohort to learn, reflect, and take practical steps toward strengthening their financial foundation.
- Loan Readiness: Participants will learn about steps that may help prepare them for potential eligibility for a Community Catalyst Loan or Credit Builder Loan through a CDFI. Program participation does not guarantee loan eligibility or approval.
- No Cost: This program is completely free and available at no cost to participants. We don’t want the cost of a program to be a barrier to building your financial foundation and taking your next step toward financial opportunity.
This program is ideal for individuals with limited, inactive, or rebuilding credit who are ready to take intentional steps toward financial stability and future capital access.
By combining credit building with savings growth, the Credit Builder Loan supports both immediate credit improvement and long-term financial resilience.
WHO SHOULD APPLY
Our training program is designed for people who are ready to take control of their finances and take meaningful steps toward building a stronger financial future.
The program is especially focused on:
- Justice-impacted individuals who are working to rebuild and move forward.
- Individuals rebuilding their personal credit and seeking practical tools to improve their financial health.
- Anyone ready to take control of their finances and make positive, lasting changes.
We prioritize people who are ready to take action and committed to improving their financial well-being. If you need support or have questions about whether this program is right for you, please reach out to us.
Plan to Profit applications are currently closed. Please check back here for updates and information about when applications reopen.
