Micro Loans
Sometimes it only takes a small boost of capital to get your business on track for success. In these cases, the ACCESS Microloan program is the perfect fit for your business.
ACCESS Microloan
An even more affordable, fast funding option for established businesses.
Sometimes it only takes a small boost of capital to get your business on track for success. In these cases, the ACCESS Microloan program is the perfect fit for your business. You’ll be able to take advantage of a fast and efficient application and approval process, with lower interest rates and fees, and a longer term to keep your monthly payments affordable.
The ACCESS Microloan can be used for nearly any business financing need, from working capital, to refinancing high-cost debt, to equipment upgrades and more. Restaurants, wellness centers, architecture firms, manufacturers, brick-and-mortar retail stores and others have all used the ACCESS Microloan program to get business funding when growth is on the horizon.
ACCESS Microloan Details
- Loan amounts: $5,000 to $25,000
- Interest rate: generally between 5% and 8%
- Term: 12 - 36 months
- Fees: average 3% commitment fee
- Time to funding: generally within one week of approval
