Programs and Incentives

Micro enterprise

Program details

    • Program participants must be low/moderate income or create jobs for low/moderate income individuals.
    • Ideal for retail service or manufacturing firm that is a Minority/Woman-Business Enterprise with less than or equal to 5 employees.
    • Maximum loan amount is $25,000
    • Must participate in a 12-week educational program.
    • No commitment fee.

Loan Terms & Rates

    • Below market interest rates.
    • Working capital less than 5 years; machinery and equipment less than 7 years.
    • Interest and principal deferred for 6 months.

To learn more about our Microenterprise Assistance Program, please contact us today.

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