Community Advantage Loan Program
The program is designed to meet the credit and management needs of small businesses in underserved markets. Underserved markets are:
Low to Moderate income communities
New Businesses and Start Up Businesses
The Minimum Loan Amount is $50,000.
Rates are based on the wall Street journal Prime Rate
Equity injection is as little as 10%
A Personal Guarantee is required for all 20% or greater owners