Review the Product Descriptions for the Micro Loan, the Business Revolving Loan and the Commercial Mortgage Loan to determine which loan product best meets the needs of your small business.
3
Go to the Loan Application page for the loan product of your choice to download our application materials.
4
Complete, sign and notarize the loan application (Co-applicants must complete Appendix A).
5
Collect all the necessary documentation as described on the Checklist provided with the application.
6
Submit all your application materials and documentation to the SNIEDC Office.
7
Your application and documentation will go to the SNIEDC Loan Committee for review and to determine your interest rate.
8
The Loan Committee will recommend approval, denial or request more information from the applicant. Loan Applications under $100,000 (aggregate amount) will be determined by the Loan Committee. Loan Applications over $100,000 (aggregate amount) and Loan Committee approval will be submitted to SNIEDC Board of Directors for final determination.
