|
We target low-to moderate-income communities and do business anywhere in the United States.
Requirements:
- Credit check
- 1:1 collateral
- Completed business plan (business plan assistance available for qualified applicants)
Start a Loan Application Loan Application Process
| Program | Minimum Loan | Maximum Loan | Description | | Micro Enterprise Development Program | $1,000 | $35,000 | Small loans to develop businesses whose owners may not have strong credit, extensive business experience or sufficient collateral. | | Enterprise Development Fund | $35,000 | $250,000 | Targeting locally-owned innovative businesses, job-generating manufacturers, natural resource- based companies, and other quality employers. Designed for borrowers who have been unable to obtain any or a portion of their credit through traditional bank lending.
| | Community Facilities Fund | $50,000 | $500,000 | Financing community facilities such as community kitchens, charter schools, group homes and center-based child care enterprises. Loan proceeds may be used to purchase real estate, construct or renovate existing structures, purchase equipment, and provide working capital. | |