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This is a specialized Small Business Administration loan geared toward you as you grow your business. We've streamlined the process and made it more "user friendly"—which ultimately means less hassle for you! We, in joint partnership with Innovative Bank, have put together a staff of individuals who are ready and able to help you cut through the process, and save you time.
Here's how it works:
- This is an SBA guaranteed loan. Over 8,000 of these loans have been done nationwide in over two years.
- The loan comes in increments of $5,000, $10,000 and $15,000.
- The loan is for 7 years with no prepayment penalty.
(You can pay it off any time.)
- There is no balloon payment.
- There is no collateral required.
- There are no tax returns required.
- There is no business plan required.
- For each $5,000 you borrow the monthly payment of interest and principal is $84 per month.
- The process takes 21 business days with a completed application.
- The loan is a working capital loan, which means you may use it for any segment of your business.
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How will the eWomenNetwork Foundation benefit from this program?
For every eWomenNetwork Integrity loan that is successfully obtained, $100 will be donated to the Foundation. What better way to make your loans work for you than having it benefit others as well!
How do I apply?
Fill out the necessary paperwork by downloading the pdf forms. Once your application is completd, mail the hard copy to:
Strategies for Small Business
c/o Sue Malone
442 Diablo Road Ste. 137
Danville, CA 94526
Please be sure to provide an original signature where necessary on all the paperwork you submit!
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