Back to Grants
FEDERAL
SBA Microloan Program Richmond
Federal microloans for Richmond small businesses and startups through nonprofit intermediaries.
About this program
The SBA Microloan Program provides small loans through nonprofit intermediary lenders to help startups and small businesses, including Richmond entrepreneurs, purchase inventory, supplies, furniture, fixtures, machinery, equipment, or working capital.
Eligibility
Eligible small businesses and certain nonprofit childcare centers that meet SBA and intermediary lending criteria.
Requirements
- Apply through an SBA-approved microloan intermediary
- Provide business plan or use of funds, financial information, repayment capacity, and collateral or guarantee information if required