SBA Microloan
The SBA Microloan will help get your business started
Harlem Entrepreneurial Fund offers SBA Microloans tailored to the unique needs of small businesses, those with limited collateral, or anyone seeking a financial boost to manage crucial business operations.
The SBA Microloan program provides loans up to $50,000, with competitive loan terms and interest rates. Many of our microloan recipients are women, minorities, individuals with lower incomes, or those who face various obstacles in securing the necessary funds to kickstart their businesses.
Beyond granting access to our range of loan products, we're committed to equipping borrowers with invaluable resources and top-notch technical business guidance to bolster your business's chances of success.
Our mission is simple: we're here to turn your business dreams into reality. The SBA Microloan is an excellent choice to initiate your business and set it on the path to success.
The SBA Microloan is funded in part through a cooperative agreement with the United States Small Business Administration.
Financing Terms
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Loan Amount
Up to $50,000
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Loan Terms
Up to 84 months/7 years
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Interest Rate
4-12% Fixed
Loan Use
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Working Capital
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Inventory
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Supplies
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Furniture & Fixtures
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Machinery & Equipment