What is the Endurance Loan Program?
The Endurance Loan Program is a loan opportunity paired with grant funding for new and existing businesses in Washtenaw County. All approved loans will receive two complementary technical assistance sessions, a grant that could total up to 50% of the approved loan amount, and a low 7% interest rate.
Who should apply
- Women entrepreneurs
- Entrepreneurs of color
- Washtenaw County and Ypsilanti-based businesses only
- For-profit business
- Home-based, mobile, online, or brick-and-mortar businesses
- Any industry
Terms
- 36 to 48 months
- 7% interest rate
- $2500 – $20,000 loan amount
Approved Loans will Receive
- Grant funding available to pair with debt funding
- Lower interest rate
- Guaranteed 3 months of interest-only payment
- Access to free technical assistance to enhance your business
Questions? Contact microloan@miwf.org
The Endurace Loan Program is sponsored by:
MWF’s Washtenaw County microloan program is made possible by an investment from the Ann Arbor Area Community Foundation. www.aaacf.org