We helps small-large businesses get loans
Depending on the loan amount, we work with lenders to provide loans to small to large scale businesses. We sets guidelines for loans made by its partnering lenders, community development organizations, and micro/macro-lending institutions. We reduces risk for borrowers and makes it easier for them to access capital. That makes it easier for small businesses to get loans.
Macro Loans
Long-term, fixed rate financing of up to $500 million for major fixed assets or flexible assets.
The Macro Loan Program provides long-term, fixed rate financing of up to $500 million for major fixed assets that promote business growth and job creation.
Macro loans are available through MCF's financial-based partners with ZERO collateral.
Micro Loans
Smaller-size loans of up to $5,000,000 provided through SBA funding intermediaries.
MCF provides funds to specially designated intermediary lenders or borrowers, which are nonprofit or profit community-based organizations.
Applying for a business loan.
Expand this section to learn more about how to apply and the information you’ll need for your application.
To be eligible for a Business Loan, your business must:
Operate as a for-profit company.
Have a tangible net worth of less than $1,000,000.00
Have an average net income of less than $5 million after federal income taxes for the two years preceding your application
Business Loans can be used for a variety of purposes that help small to large businesses expand. Use them when you need less than $50,000,000 to rebuild, re-open, repair, enhance, or improve your small business.
Examples include:
- Working capital
- Inventory
- Supplies
- Furniture
- Fixtures
- Machinery
- Equipment
Proceeds from an microloan cannot be used to pay existing debts or to purchase real estate.
Applying for a business loan requirements differs from business to business and region to regions. For a comprehensive help on how to apply, email [email protected]