Small Business Loans
Access to capital for Small Business
Community Futures provide entrepreneurs with small business loans up to $150,000 when traditional financial institutions are unable to help. Loans are available for new business start-ups, business expansion, or to stabilize an existing business.
A loans committee comprised of community volunteers is involved with the loan review process. This ensures community input on loan approvals.
Acceptance for a Business Development Loan depends on:
* Market potential and future economic viability of the business
* Location of the business
* Competent management
* Local job creation
* Experience related to the venture
* Reasonable personal financial investment
* Ability to repay
* Adequate security for the venture
Creation of a business plan will prove the viability of the business idea. Our Training programs help entrepreneurs understand how to research and write a business plan.
Community Futures loans are offered with:
* Competitive interest rates
* Flexible repayment schedules
* No pre-payment penalty
For a discussion about your business idea and financial needs, contact our Houston office today to make an appointment with our Loans Analyst at 250.845.2522, or toll free at 1.800.556.5539.
