EO Microlending
Small Business Loans and SBA Microloans
For individuals seeking a small business loan to start or expand your business, EO might have a solution! If traditional bank loans are not an option for you, EO provides alternative financing options tailored for entrepreneurs. Should your business require a modest loan to navigate challenging times, reach out to us. Our microloans for businesses can provide funding from $1,000, up to $50,000.
At EO we provide competitive interest rates & fees for comparable financing products at other lenders. Collateral is required for larger loan requests. Additionally, financial statements and/or financial projections in combination with a business plan will be required. If you do not yet have these required documents, no worries! Please get in contact with us, as we offer templates and guidance for our clients on creating and interpreting these documents, to prepare them both for initial financing and for entrepreneurial success in the future!
Since 2002, EO has collaborated successfully with over a thousand individuals, facilitating the launch of numerous local businesses that, in turn, have generated hundreds of jobs. This collective effort contributes significantly to fostering self-sufficiency and fostering local economic growth. It's a chain reaction of success by all indicators.
Please inquire for more information.
What is EO Microlending?
EO is a non-profit micro-lending organization dedicated to empowering individuals and families across diverse backgrounds. Our focus is on serving community members who may not meet the criteria for loans from conventional banks. Whether it's assisting in launching a new business, expanding a current business, or repairing credit, we take pride in supporting all individuals.
EO has made a significant impact by providing the necessary support for individuals with genuine skills and a grasp of personal financial practices as they are empowered to pursue their goals, ranging from family stability to entrepreneurial dreams.
For more details on the terms and conditions of our lending opportunities, to refer participants, or discuss fundraising and financial support, please contact us. We welcome the opportunity to connect with you.