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Finally, a capital option designed for your small business needs. Secure a working capital loan for as low as $5,000 and up to $750,000 from a trusted program partner. Our mission-driven CDFI partners start by getting to know your small business and work with you to find capital that advances your objectives.
Use a Small Business Catalyst Fund loan to cover operating expenses, pay for unexpected expenses, purchase inventory, and more. All things that contribute to the sustained growth of your business.
| Locations | Eligible businesses must operate within the program’s focus area. These states include: Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, South Carolina, Tennessee and West Virginia |
| Eligible Business | For-profit small businesses with a maximum annual revenue no greater than $10 million |
| Interest Rate | 7.5% fixed interest |
| Use of Funds | Working capital, refinance, capital assets acquisition |
| Repayment Term | Monthly principal and interest (P&I); interest only options are available. Fully amortizing loan |
| Loan Term | 60 months term and amortization |
| Fees | 1% origination fee and related third party fees |
All loans are subject to credit approval and meeting eligibility criteria.