Loans

Do you need money for your small business? WomenVenture offers loans from $5,000 up to $50,000 to qualified new and existing business owners. We help women overcome obstacles to accessing credit by offering a variety of loan terms.

Our Loans Include:

  • A credible lending source – we are a U.S. Small Business Administration (SBA), Community Development Financial Institution (CDFI), and Minnesota Department of Employment & Economic Development (DEED)
  • Fixed interest rates
  • Monthly repayment – for up to 5 years
  • No pre-payment penalty
  • One-time commitment fee, plus collateral filing fees
  • Complimentary post-loan support (technical assistance) for the length of your loan: accounting, marketing, human resources, legal and more
    • Loan clients are linked with a staff business consultant or highly-skilled volunteer who can address critical business issues as they arise

Still have questions about our loan program? We’d love to talk with you.

Next Steps

Interested in applying for a loan? We’ll walk you through the 3 parts of completing a loan application with WomenVenture. You can start the loan process at any time, simply by going to the Application page and completing our preliminary loan application form. After your form is submitted, a loan officer will contact you to set up an initial loan consultation.

Are you and your business ready for a loan? Our guidelines will help you determine if a loan from WomenVenture might be a good fit for your business needs.

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Our checklist helps you gather and keep track of the business documents you will need to submit as part of your loan application.

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Fill out our client and business profile form. We’ll use this information to begin our loan evaluation process.

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When I reached out originally for the loan from WomenVenture, it was almost like they were waiting for my call. When I knew that the loan was going to be recommended and backed by them, it just was a huge relief to know, ‘ok, it’s not going to be quite so hard.’ The loan gave me the ability to hire additional staff that I really needed, to open a store, to be able to purchase delivery vehicles.

Maelei Catt, CREATIONS Cabinetry

Our Banking Partners

We partner with numerous banks in our community to provide small business loans. If you’re a banking professional, we’d love to work with you to help you meet the financial needs of your clients.

FAQs

Have questions about our loan program? You’ll find the answers to some of the most commonly asked loan questions here.