Latino Economic Development Center
As a certified Community Development Financial Institution (CDFI), LEDC provides alternative micro loan options to start-ups and existing businesses that have difficulty obtaining credit from mainstream financial institutions. We offer loans ranging from $500 to $250,000 to qualified start-ups and existing businesses. Uses capital include: Vehicles & equipment; Renovation or business expansion; Working capital; Hiring additional personnel; Inventory; Bridge financing for government grants; Expansion to new locations; and Business acquisition. Our loan officers are trained to access each transaction beyond traditional credit underwriting guidelines. At LEDC, we believe in the unleashing power of economic fairness and access to opportunity to all. Learn more at https://www.ledcmetro.org/smallbusiness.
Baltimore Community Lending
Baltimore Community Lending provides loan capital to small real estate developers and small business owners in Baltimore City who have no relationship with or are unable to get a loan from a bank, and who are committed to developing underserved neighborhoods. They work with the government, foundations, financial institutions, community stakeholders, anchor institutions, and small business owners early in the planning process to provide small-to-mid size capital solutions leading to a more diverse and economically balanced Baltimore. Learn more about Baltimore Community Lending’s programs at https://bclending.org/.
KIVA has funding options for businesses. Click here to learn more.