The Micro Loan Program
The Micro Loan Program is intended to address the needs of small enterprises. The particular features of the Micro Loan Program are listed below:
Minimum
|
Maximum
|
|
Micro Loans Approved
|
$500
|
$50,000
|
Fixed Interest Rate*
|
5%
|
9%
|
Term of Repayment
|
up to
|
5 years
|
*Subject to change based on Prime Rate.
The Micro Loan Program (“Micro Fund”) is intended to address the needs of small “Cottage” type enterprises. The Micro Loan is also a great way to build your credit score.
SNIEDC’s Business Strategist is available to provide free one-on-one counseling through the development of your business plan to ensure that you are on the best footing when you begin your business.
Contact SNIEDC office to arrange an appointment:
90 Ohi:yo Way, PO Box 437
Salamanca, NY 14779
Phone: (716) 945-7148
Fax: (716)945-8556
Email: [email protected]
Contact Us
Please complete the contact form and we’ll be in touch.