Small Business Financial Assistance

Eligible small businesses, including start-ups, are welcome to apply for the capital needed to secure a successful outcome for your venture.

Terms

• Loan amounts from $5,000 to $250,000
• Term loans for up to 60 months; fixed interest rates between 7.5% and 9.5%

• Uses: Gap financing, machinery and equipment, inventory, leasehold improvements, working capital, and others
• Eligible businesses include start-ups, retail, restaurants, manufacturing, transportation, and more

Existing small businesses are welcome to apply for the capital needed to assist with cash flow while completing your projects.

Terms

• Revolving Loan Max. of $15,000
• Minimum of 2 years in operation
• To be used for working capital
• Draw period of 3 years, then converts to a 48-month term loan at 9.5%
• Interest only payments during first 3 years

Veteran-owned small businesses, including start-ups, are welcome to apply for the capital needed to secure a successful outcome for your venture.

Terms

• Loan Amount: $2,500 - $250,000
• Must be active duty military or a veteran
• Spouses and families are not eligible
• Reduced Fees
• 0.25% Reduced Interest Rate

Ideal for small businesses, including start-ups, looking to secure capital needed for certifications, licenses, and/or minimal start-up expenses.

Terms

• Loan Amount: $500 - $2,500
• 12 - 60 month term
• Rates 9.5 to 11.5%
• For Business Use Only
• $25 application fee
• Fast track application