If your business has been generating revenue for six months or more, we encourage you to apply for an Established Business Loan of up to $100,000. You can use the funds to invest in your business and help it grow.
The features of this loan include:
- Fixed interest rate
- Loan terms up to six years
- No pre-payment penalty
- One-time commitment fee plus collateral filing fees
- $30 application fee applies
- You’ll need monthly income that exceeds your personal expenses.
- You should be current on all of your personal and business bills.
- You must not have any outstanding tax liens or be delinquent on child support.
- Any bankruptcies must be discharged prior to applying.
- You'll need to be able to provide collateral for the loan.
If you don’t meet these basic requirements, we encourage you to check back after you've had a chance to strengthen your application.