Microbusiness Loan

The Microbusiness Loan program provides essential financial resources to help small businesses grow and thrive. It offers loans ranging from $1,000 to $10,000 at a low 2% interest rate with reduced underwriting criteria, making it more accessible to business owners who may face challenges securing traditional financing. The loan supports critical business projects while helping owners build their credit and payment history.
 
Eligible Use of Funds:

1. Renovations and facility improvements
2. Inventory purchasing and supplies
3. Employee wages, benefits, and training
4. Marketing, advertising, and branding efforts
5. Technology investments (hardware, software, subscriptions)

Application Link: https://laserfiche.brooklynpark.org/Forms/Microbusiness-Loan
Deadline: Applications are accepted on a rolling basis until funds are exhausted.