Come and learn how you can get loans from $10,000 to $100,000 with low interest rate for your business.
At the presentation, you'll learn how to:
- Prepare a strong business loan application
- Evaluate your business's funding needs
- Figure out how much money you need
When you access the Microloan program through EGF, you'll benefit from the program's low interest rate of 9.125% and EGF's fast online process.
• Amount: $10,000 to $100,000
• Term: 6 to 10 years
• Interest Rate: 9.125% – 11.9%
• Collateral: Blanket lien on business assets
• Guarantors: Personal guaranty of equity owners > 20%
• Fees: 3%
If you have positive cash flow and can demonstrate a history of paying your business obligations (including debts and taxes), you are a good candidate for an EGF loan.
To apply you need to fill out a 20 minute online application and may be approved within 2 business days.
If you are approved, you can get the funding within a week and a free one-on-one business advisory services
** Reduced Interest Rate Loans for Veteran Business Owners.
Veteran-owned small businesses can qualify for loans up to $250,000 at reduced interest rates.
Open to the public- Complimentary Admission and parking
Light Refreshments will be served
**Attendees must have a business that has operated for more than two (2) years to participate in this free workshop**