SBA Expeditors

$50,000, but the average microloan is about $13,000. Microloans may be used for the following purposes:

Working capital
The purchase of inventory or supplies
The purchase of furniture or fixtures
The purchase of machinery or equipment. Application Process

Small businesses interested in the Microloan Program need to have a comprehensive business plan with financials, and file a complete application with the proper Intermediary Microlender in their area. A Microlender is a non profit organization that receives a loan from SBA. In turn, the Microlender makes loans to businesses in the community. The Microlender also provides technical assistance to the small business. All credit decisions are made by the Microlender. Although the application process can be very involved, SBA Expeditors will create your comprehensive business plan, and ensure that you file the proper application with the appropriate Intermediary in your area.