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

12 months
18 months
24 months

How frequently do you want to make payments?


Weekly payment amount*:

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See if you qualify in minutes!
*This business loan calculator assumes a monthly interest rate of 3.3%. Your interest rate may vary based on your application information.

Apply for a credit limit up to $100,000

Get next-business-day funding after approval

Borrow any time through your online account


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:


Detailed business plan.


Make sure you will be able to afford the monthly payments.


Clean up your credit report.


Show a readiness to invest some of your own money in the business.

Features of Microloans

One-time loan

One-time loan for a relatively small amount of money

little-to-no credit

Allow businesses with little-to-no credit or revenue history to get the funding they need

smaller amounts

Can get approved for smaller amounts of funding, which is hard to do with traditional bank loans

microlending providers

Some microlending providers offer business development resources that can help you make the most of your loan

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:

In business more than one year

In business more than one year

$50,000 or more in annual revenue

$50,000 or more in annual revenue

Based in a state that we serve

Based in a state that we serve
(see Rates & Terms for details)

Think a line of credit from Headway Capital would be a good fit for your business? See if you qualify today!

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