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Minimum age requirement (typically 18 years or older).
Proof of income and ability to repay.
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UCC filing.
Small Business Loans
up to $50,000
Low interest loans to support acquisition, equipment and debt refinancing needs for your existing or startup business.
Start your loan application![image](https://firstcommunitycapital.org/public/front/images/microenterprise-loans-banner.jpg)
![image](https://firstcommunitycapital.org/public/front/images/loan-details-image01.jpg)
Loan Details
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Our lending solutions offer
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Affordable fixed rates
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Quick process
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Convenient loan structures
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Experienced loan consultant
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Access to business counseling and training
![image](https://firstcommunitycapital.org/public/front/images/terms-conditions-02.jpg)
Terms and Conditions
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Term 12-50 months
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Interest Rate 6% - 8% Fixed (Interest rate determined during application review)
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$0 Application Fee
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5% closing fee due at loan signing
Eligibility Criteria
![image](https://firstcommunitycapital.org/public/front/images/eligibility-criteria-image.jpg)
Documentation Requirements
Two Forms of Identification
Loan Application
Employer Identification Number (EIN) for
Corporations or LLCs
Personal Tax Returns for Guarantors 2 years
Business Tax Returns for S and C - Corp 2 years
(if applicable)
Projected Financial Statements 2 years (For Startups)
Simple business plan for Startups
Most Recent 2 months Business Bank Statements
(if applicable)
Most recent 2 months Personal Bank Statements 2
Common Purposes
Working Capital
Equipment
Inventory / Supply
Debt Consolidation
/ Management Loans
And More
Debt Refinancing