We offer 3 primary types of loans to help small businesses get started.
GCMI provides access to micro loans and small business loans to individual business owners who are low to moderate income. These loans can be used to start or expand your business. To find out more about GCMI's loan products and services contact us today.
Once you have your completed business plan or proposal and have made a decision to pursue your dream of business ownership you are eligible to apply for a business loan. You may apply for amounts ranging from $500 to $150,000. Repayment terms and rates are specifically determined by each loan fund.
All loan applicants must complete Classroom Training, Business Education Classes and/or Business Coaching/Technical Assistance sessions before applying. GCMI can assist you in the preparation of loan packages for financing through traditional lending institutions.
Year to year, GCMI develops partnerships with local donors, financial institutions, and corporations to help and develop potential new loan funds to meet our clients’ needs. Please check back from time to time to see if a special loan fund options through GCMI is available. Call or e-mail Willie Hill, Executive Director, with questions.