Main Street Launch has just announced a new zero interest $50,000 loan targeted to underserved neighborhoods including businesses located in the Tenderloin.
These loans can be used for working capital, startup expenses, purchasing inventory, furniture, fixtures, equipment, and debt refinance.
Loan details include:
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Amount: up to $50,000
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Interest rate: 0% fixed
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Terms: up to 5 years
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No application fees
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Closing fees: due diligence, state loan guarantee
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Collateral: business assets & personal guarantee
To apply for the loan, click here.
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