Montgomery &amp; Company

Northern Initiatives is a Community Development Financial Institution. We’re in business to provide loans and business services to small business owners and entrepreneurs who create jobs and enable the communities of Michigan and neighboring Wisconsin to thrive. Loan types are: Micro Loans: $1,000-$50,000. Great for starting a new business, purchasing equipment, or working capital. Business Loans: $25,000-$500,000. Great for starting a new business, buying existing business, expanding your business or purchasing equipment. Healthy Food Access: $2,500-$300,000. Great for new and existing healthy food production, distribution, processing, and retail projects that will increase fresh food in underserved communities. Contract/Purchase Order Financing: $5,000-$250,000. Great for supplementing cash flow or expanding your business. Commercial Real Estate Loans: $50,001-$500,000. New and existing businesses that need funds to finance real estate that will be 50% or greater owner-occupied. This is not a passive investment; financing is usually combined with operating capital. Community Development Block Grant (CDBG) Loan Program: New and existing businesses that will either: 1) create new jobs for HUD-designated low- to moderate-income individuals via a loan to start, acquire, maintain, or expand a business or 2) remediate slum and blight properties in designated communities.

Ucedc

As a Community Development Financial Institution (CDFI) and a U.S. Small Business Administration (SBA) lender, we’re committed to helping startup and existing small businesses throughout our expanded service area of New Jersey, New York City, Westchester County (NY), Philadelphia, and Bucks County (PA). The loans we offer include microloans, SBA 7(a) and SBA 504 loans. Access to capital is often a business owner’s largest hurdle. We fund a variety of small business loans to meet your needs at every stage of your business’ growth. With loans from $500 to $5.5 million, our staff will work to find the solution that’s right for you. If you can answer “yes” to the following, you’ll be ready to move to the next step! Are you a U.S. citizen or do you have a green card? Does your credit report show that you are free of bankruptcies within the past five years or defaults on federally funded loans (such as a student loan) at any time? If you are a startup business (in business less than two years), do you have related skills or experience in your field of business? Will you contribute at least 10% of the project cost? For existing businesses, do you have sufficient cash flow to cover existing expenses?

William Mann Jr. CDC

We are part of your community. We are the small business lender that can possibly assist your business financial need. We are your partner. Like you, we want your business to have everything it needs to flourish. At William Mann Jr. CDC, we understand that each of our clients have a unique need that calls for a customized loan program. Based on your need, we can help find the right loan program for you. William Mann Jr. CDC business loans assist in the growth of the local growth. We provide access to capital with low down payment or equity injection, no pre-payment penalties and flexible underwriting. We customize loans to fit the needs of the business. We lend up to $100,000 for existing businesses. Small Business or Working Capital loan: Capital for equipment, machinery, permanent working capital, facility improvement, business acquisition or real estate. Short-term working capital for a specific job associated with account receivable, inventory purchase or contract. Revolving Line of Credit for contractors.

Fourdirectionsmaine

Four Directions Development Corporation is a nonprofit Community Development Corporation and Native Community Development Financial Institution (CDC/CDFI) certified by the US Department of Treasury. Established in 2001, Four Directions was created by the Penobscot Indian Nation. It was the first Native CDFI in Northern New England and is the only Native CDFI in Maine. Four Directions offers three loan types: Residential loans for aspiring home owners; small business loans for Native entreprenuers looking to grow their business and in need of financing for working capital/operating expenses, equipment, vehicles, and commercial real estate (businesses that are at least 51% Native-owned are eligible to apply); and community development loans to further economic and community development activities that build assets, promote self-determination, strengthen nation building, and advance tribal sovereignty in Wabanaki communities.

Sbacsav

We provide loans and technical assistance for new and existing businesses in Southeast Georgia and the Low Country of South Carolina, with a focus on providing equitable access to all segments of our community. To be eligible, a business must be operated for-profit and meet SBA’s size standards. Some types of businesses are not eligible, such as those engaged in lending, real estate development, investment or speculation, pyramid schemes, gambling, and illegal operations. All loans must be used for sound business purposes. The business must be in our area of operations. SBAC loan officers will decide which product or combination of products best meets your needs. SBAC offers a variety of loan programs that address virtually all small business financing needs. There are many available loan funds. SBAC lending professionals will assist you in determining which program or combination of programs is best for you.

Womenventure

Do you need money for your small business? WomenVenture offers loans from $1,000 up to $100,000 to qualified new and existing business owners. We are a U.S. Small Business Administration (SBA), Community Development Financial Institution (CDFI), and Minnesota Department of Employment &; Economic Development (DEED) lender. We lend to businesses located in the 16-county Twin Cities metro region in Minnesota. The counties we serve include: Anoka, Carver, Chisago, Dakota, Hennepin, Isanti, McLeod, Ramsey, Scott, Sherburne, Steele, Washington, Wright, Pierce (WI), Polk (WI), and St. Croix (WI). Loan features: no application fee, fixed interest rates, monthly repayment - for up to 5 years, no pre-payment penalty, one-time commitment fee, plus collateral filing fees, access to business advisors for the duration of your loan on topics including: finance, marketing, human resources, legal and more