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CDBG Micro Enterprise Loan Fund
Funded by Washington State Community Development Micro Loan Grant
- Available in Adams, Asotin, Ferry, Garfield, Grant, Lincoln, Pend Oreille, Stevens, Whitman, and rural Spokane counties.
- Targets: (1) Designed to assist low-to-moderate income business owners. (2) Also used for low-to-moderate income applicants who are starting a small business.
- Same eligibility requirements as CDBG Business Loan Fund.
- Loans from $500 to $10,000.
- Borrower must have positive net worth.
- Job creation not required if Borrower is certified low-to-moderate income.
- A great deal of latitude is available concerning collateral and terming on these loans.
- Business normally required to receive technical assistance from qualified agency.
- We encourage applications from women and minority borrowers
LOAN QUICK LINKS
Revolving Loan Fund
Rural Development Loan Fund
CDBG Business Loan Fund
FINANCING RESOURCES
Resources
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