Microlending for Small Business
Take charge of your finances with a business line of credit.
Select the amount you wish to borrow:
Choose your repayment term
How frequently do you want to make payments?
Microloans are short-term loans with relatively low interest rates from microlending institutions. Generally these loans are offered to small or developing businesses with modest capital requirements and little-to-no revenue history. Microloans — as the name suggests — are smaller loans than a traditional bank loan and offer anywhere from $500 to $50,000 in financing.
How Do I Get a Microloan?
Microloans are generally available through nonprofit community-based organizations that serve as intermediaries. You can find a list of them on the Small Business Administration’s website. Before you apply, there are four things you should do to prepare:
Features of Microloans
Alternative To Microloans
Headway Capital offers a small business funding solution that doesn’t require a perfect credit score. We provide a true line of credit up to $100,000. Our line of credit is easy to apply for and even easier to use. If approved for a Headway Capital line of credit, you can draw from your account online at any time — 24/7/365 — and funds are generally in your bank account as soon as the next business day.
To apply for a Headway Capital line of credit, you just have to meet our minimum requirements:
Think a line of credit from Headway Capital would be a good fit for your business? See if you qualify today!