The Ready, Set, Grow! loan is designed to help entrepreneurs turn their side business or passion project into a full-time venture.
Benefits include:
- Flexible Loan Amounts and Terms: Borrow up to $15,000 with repayment terms of up to 48 months. Interest rates range from 15% – 19.99%, with an automatic 2% rate reduction after 12 months of on-time payments. (Kansas City small businesses automatically qualify for our lowest rate of 7.99% and are not eligible for further rate reductions.)
- Streamlined Application Process: We’ve made the application quicker and easier for busy entrepreneurs, with less paperwork than traditional loans.
- Flexibility for Start-Ups: This loan is intended for people transitioning from traditional employment or gig work to starting a small business.
- Community Focus: As a nonprofit lender, we reinvest our loan fees to support other small business owners.
Ready to get started? Apply now.