Microloans

Description

This program provides up to $50.000 to help small businesses rebuild, repair, re-open, enhance, or improve its business. Examples include working capital, inventory, supplies, machinery, equipment, etc. The maximum repayment term is 6 years and interest rates are generally between 8 and 13%.

How To Apply

- SBA-approved lenders decide all credit and term conditions for your loan.

Additional Links

This funding is available through certain nonprofit, community-based organizations who are experienced in loan and business assistance. Find your local SBA-approved intermediary here

Office Directory

For more detailed information click here