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Money to Start and Grow a Business

MICRO LOAN PROGRAMS

The Micro Loan Program provides very small loans to startup or growing small business businesses. Under this program, non-profit community-based lenders make loans to eligible borrowers in amounts up to a maximum of $35,000. Individuals and small businesses applying for micro loan financing may be required to fulfill training and/or planning requirements before a loan application is considered. (09)

Below are various micro lenders.

Microbusiness Advancement Center of Southern Arizona (MAC)
www.mac-sa.org
520.620.1241
330 N. Commerce Park Loop, Suite 160, Tucson, AZ 85745
Area coverage: Southern Arizona

Non-profit organization committed to the economic growth of Southern Arizona and the individual professional development of its clients by providing training, resources, referrals, support and advocacy to those seeking to create, sustain or grow microbusinesses. For more information visit their website or contact them. (09)

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Neighborhood Economic Development Corporation (NEDCO)
www.nedco-mesa.org
480.258.6927
12 N. Central Street, Mesa, AZ 85201
Area coverage: Phoenix and East Valley

Community development corporation which provides technical assistance to businesses and partial guarantees for loans, which need collateral. For more information, visit their website or contact them. (09)

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PPEP Microbusiness and Housing Development Corporation (PMHDC)
www.azsmallbusinessloans.com
520.889.4203
820 E 47th Street, Tucson, AZ 85713
Area coverage: Southern Arizona

Offers financial services and technical assistance on business management to rural very small home-based business and many small businesses.  For more information, visit their website or contact them. (09)

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Prestamos , a division of Chicanos Por La Causa Inc. (CPLC)
www.prestamosloanfund.org
602.258.9911
1122 E. Buckeye Road, Suite B-4, Phoenix, AZ 85034
Area coverage: All of Arizona

Provides economic opportunities for small and emerging small businesses in Arizona, by providing loans along with technical assistance. For more information, visit their website or contact them. (09) 

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