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IMPACT FUND

$50K - $100K

Established or growing businesses generating
revenue 3+ years



INTEREST RATE

Up to 10%

FEES

$150 application fee and 3% origination fee

TERM

4 – 7 years

PRE-PAYMENT PENALTY

None

COLLATERAL

UCC lien on business assets, real-estate and/or key-man insurance

PERSONAL GUARANTEES

Must be provided by individual with 20% or more ownership

HOW THE LOAN
 IS EVALUATED

Historical financial performance, projections, collateral coverage, and credit.

LOAN PURPOSE

  • Working capital, inventory
  • Machinery, equipment, furniture, fixtures
  • Supplies, leasehold improvements, and minor building renovations
  • Mobilization dollars to execute on contract
  • Refinance predatory debt
  • Commercial Real Estate

ADDITIONAL REQUIREMENTS


A minimum credit score of 620; however higher score is desirable

No bankruptcies or repossessions in the last 3 years

Current payroll taxes and federal income taxes

LOANS REQUESTS ABOVE $100,000 WILL BE CONSIDERED ON 
A CASE-BY-CASE BASIS. MAX LOAN $250,000

APPLY NOW

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IMPACT FUND APPLICATION

TALK TO OUR LOAN ASSOCIATE

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LOAN COUNSELLING REQUEST