Loans range from $5,000 to $35,000 with 3 months of delayed payment. Can be used as essential working capital for business expenses:
- Business rent or mortgage payments
- Supplier and vendor payments
- Borrower’s primary residence and business must be in the city of Memphis.
- Must have $1 million or less in revenue.
- Must be operating for 3 years.
- Be certified with the City of Memphis Office of Diversity and Compliance (OBDC)
- All for-profit industries except non-profit, government, religious or retail are eligible.
*Must complete web-based counseling to quality. Details on available sessions will be made to each applicant.
How to Apply:
- Apply by phone: 901-636-9300
- Apply by email: firstname.lastname@example.org