The Micro Loan.
Not every opportunity requires big money. Through a streamlined process, our micro loan products are specifically geared to provide smaller loans for projects and financing needs as small as $3,000.
To support your operation to invest in innovative technologies, implement a smaller project, or start off a new product line, the Board can provide a customized micro loan that reflects your needs. Micro loans are typically considered for projects under $50,000. In many cases, our micro loan products have a lower security level—often not being secured by a mortgage over real property, which reduces legal fees and time.
Like many of our lending products, micro loans are available with a flexible repayment structure that reflects your project.