Before You Apply

Before submitting your application, we encourage you to review our FAQ page to better understand:

• Minimum credit score requirements (690+)

• Owner’s equity requirements

• Collateral/security expectations for financing

• Eligible and ineligible business activities and costs

• Partnership and ownership requirements

• How funding and loan payments are calculated - Funding Calculator

• The overall application and review process - Application Process

• Costs incurred before written funding approval are not eligible for reimbursement. Please do not make purchases or commit to project expenses expecting reimbursement prior to approval.

• Submitting an application does not mean you have been approved for funding. All applications undergo a detailed review and must meet program eligibility, credit, and security requirements before any funding decision is made.

• Current application processing times are approximately 3–6 months, depending on application volume and how quickly all required documentation is received.

Taking a few minutes to review this information can help ensure you are prepared and understand the program requirements before applying.