District of Columbia Business Loans

The Wheeler Creek Community Development Corporation SBA Micro Loan assists Washington DC residents in meeting their entrepreneurial goals by offering business loans to those who do not traditionally meet the requirements of traditional lending institutions. This program encourages the development of businesses and commerce in the surrounding com ...
Read More...

The Certified Business Enterprise Revolving Microloan Fund (CBE RMLF) is a public/private partnership between the District of Columbia’s Department of Small and Local Business Development and WACIF. The fund is dedicated for CBEs and has a maximum loan amount of $25,000.

Comprised of 55 socially responsible institutional and individual investors, WACIF’s Access to Capital Loan Fund (ACLF) is a flexible financing pool available for small businesses, childcare centers, affordable housing developers, and community organizations in Washington DC. The fund looks to maximize both economic and social returns by providing ...
Read More...

As a certified Community Development Financial Institution, LEDC provides micro-loans from $500 in value up to $50,000 to start-ups and existing businesses that have difficulty obtaining credit from mainstream financial institutions in the Washington DC area. We also help the self employed establish credit through our Credistart loan.

The Enterprise Development Group supports people with a vision to make their small business succeed, but who have limited resources. They offer entrepreneurs loans to start and grow businesses in the Washington DC area. EGG normally loans up to 70% of the funds needed for the project for loans over $10,000 and 80% of the loan for the loans und ...
Read More...

Prosper is the market leader in peer-to-peer lending which is a popular alternative to traditional loans and investing options. Prosper isn't a bank but it's lending model is based on investors who will give good ideas a chance and not just be a number at the bank. Prosper loans are not traditional small business loans and are based on your c ...
Read More...

The LGPP a loan program that enables eligible minority-owned firms to obtain financing when funds are not available through conventional channels on reasonable terms. The following types of loans and credit facilities are accessible through the LGPP: - Lines of Credit - Contract Financing - Intermediate Term Loans - Working Capital Loans - Equ ...
Read More...

Enacted into law as part of the Small Business Jobs Act of 2010 (the Jobs Act), the Small Business Lending Fund (SBLF) is a dedicated investment fund that encourages lending to small businesses by providing capital to qualified community banks and community development loan funds (CDLFs) with assets of less than $10 billion. Through the SBLF, parti ...
Read More...

ACCION USA is different from a bank or credit union. ACCION USA is a microfinance organization that lends with the mission of empowering business owners with access to working capital and financial education across the United States. ACCION USA offers business loans up to $50,000 and financial education throughout the United States. Since 199 ...
Read More...

The Small Business Administration (SBA) participates in a number of loan programs designed for Alabama business owners who may have trouble qualifying for a traditional bank loan due primarily to insufficient collateral to back the loan. The SBA does not loan directly to businesses (with the exception of disaster loans) but instead provides a guara ...
Read More...