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Microenterprise Loans

Supporting Start-up and existing small businesses access capital. Eligibility for loans is determined by applicant’s ability to service the debt examining gross annual income and employment history. Repayment is secured by collateral, payroll deduction, and some are unsecured. Maximum loan size is $20,000.
Loan Pricing
Loan
Interest Rate
3 year secured
5%
3 year unsecured
+2%
Each additional year
+1%
Loan maturity
0 – 7 years