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.
This loan is available to eligible entrepreneurs in Arizona, California, Colorado, Kansas, Missouri, Nevada, New Mexico, Pennsylvania, and Texas.
Ready to get started? Apply now.