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Microfinance Loan Program - WWU Small Business Development Center

Report

Resource Name:Microfinance Loan Program - WWU Small Business Development Center

address

2219 Rimland Drive, Suite 319, Bellingham, WA 98226

Application process

To be eligible for the program, a business owner must first meet with a WWU SBDC Business Advisor to develop a business plan and financial projections that would appropriately support the requested loan. The business owner must also agree to ongoing quarterly consultations with an SBDC Business Advisor.

Service area

Whatcom County, WA
This program is designed to promote access to credit for small business borrowers that cannot readily gain access to traditional financing options or that would otherwise incur prohibitively expensive financing costs. The program offers loans from $2,500 to $50,000 with repayment terms from six months up to 5 years

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Providing organization

Western Washington University
Public university in Bellingham, Washington.