Micro-Loans - Head Start

Micro-Loans



Micro-loans provide loans for new and established small businesses. Entrepreneurs and others interested in starting or enhancing their businesses will find this resource beneficial when growing their businesses. Micro-loans make funds available to nonprofit organizations to act as intermediaries, and as a result, the funds are made available to small businesses.

Micro-Loans The Micro-loan Program provides very small loans to start-up, newly established, or growing small business concerns. Under this program, SBA makes funds available to nonprofit community based lenders (intermediaries) which, in turn, make loans to eligible borrowers in amounts up to a maximum of $35,000. The average loan size is about $13,000. Applications are submitted to the local intermediary and all credit decisions are made on the local level. More>>

Micro-Loans. SBA. 2007. English.