Alternatives offers a subsidized loan for women and minority-owned businesses. This loan will assist women and minority borrowers who have a minimum of one year in business and are looking for assistance with continued growth and expansion.*

Details

  • New loans only, no refinances
  • Term: Up to 5 years
  • Maximum Amount $25,000
  • Equity Requirement: 10% of loan amount (additional equity may be required)

Businesses owned by women and minority group members may be eligible for discounted interest rates on loans. This loan is limited to women and minority borrowers who have a minimum of one year in business, have equity equal to at least 10% of the loan amount and are looking for assistance with continued growth and expansion.

*All loans subject to approval.

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