Loans

Do you need money for your small business? WomenVenture offers loans from $1,000 to $50,000 to qualified new and existing business owners.

We are a U.S. Small Business Administration (SBA), Community Development Financial Institution (CDFI), and Minnesota Department of Employment & Economic Development (DEED) lender.

We lend to businesses located in the 16-county Twin Cities Metro area. Counties served include:  Anoka, Carver, Chisago, Dakota, Hennepin, Isanti, McLeod, Ramsey, Scott, Sherburne, Steele, Washington, Wright, Pierce (WI), Polk (WI), St. Croix (WI).

Loan Features:

  • No application fee
  • Fixed interest rates
  • Monthly repayment - for up to 5 years
  • No pre-payment penalty
  • One-time commitment fee, plus collateral filing fees
  • Access to business advisors for the duration of your loan on topics including: finance, marketing, human resources, legal and more

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 eligibility requirements and documents you'll need for your application.

The first step to starting the loan process is to complete our loan intake form.

The next step is to complete a loan application (we will email it to you). A loan officer will contact you once they receive the loan application to discuss next steps. 

Additional documents may be needed based on your loan request.

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 may need to submit as part of your loan application process.

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Fill out our loan intake form. Once you've submitted this form, you will receive an email with our loan application and our loan team will be notified of your interest in a loan.

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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.