Business Loans
Advising, training, and commercial lendingContact us!
Looking for a business loan, but can’t get bank financing? We can help!
Sometimes even the most successful businesses struggle to get the capital they need to grow.
SNAP Financial Access is a nonprofit Community Development Financial Institution (CDFI) and an SBA micro-lender that helps entrepreneurs with financing when they can’t get all or part of what they need from a bank.
Our business loans can be used for startup costs, existing business purchases, real estate, equipment purchases, working capital, debt restructure, and more. Unlike other lenders, we are here for you through and past the life of your loan. With our ability to provide technical assistance and continuing education, you can feel confident knowing you’ve got a local ally on your side.

We’ll Be There Every Step of the Way
Get your business plan and financials ready
Start gathering all your documents to submit (check out below what we need for start ups or existing businesses). Need a business plan review? We’ve got you covered too.
Our team reviews your documents
Complete our simple on-line forms and our team will advise on next steps.
Apply for your loan
We will reach out to you if we need additional information regarding your business loan.
Final Steps
We will present to our internal and/or external committee for review, then communicate the decision on your loan application.
Business Loans
Get funding to start your new business or expand your existing business.
We are much more flexible than a bank, but we still give you consideration to your plan, your work history, your credit history and your collateral when making lending decisions.
Get Prepared for your loan
I’m interested in learning what I need to prepare for a commercial loan: business plan, financial projections, financial statements, and credit.
Apply for a Loan
I have a business plan and everything ready to start the loan process.
Materials Required for Your Loan
Gather these materials to help your loan process go smoothly after pre-qualification. The factors below are general indicators of loan readiness, typically looked at by financial institutions like us, as well as required documentation needed to process your loan and provide pre-loan counseling.
Start-Up Business
- Business Plan (use one or more of the following)
- Completed Business Plan
- Don’t have a business plan? Meet with an expert or take a business planning workshop.
- Collateral
- Bad Credit? Supply the reason why
- Down Payment (20-25% is typical)
- Financial Projections for 24-36 months
- Ensure these are based in the typical industry or sector standards.
- Will your business’s projected revenue support your business and any other debts in 12 months?
- The resumé(s) of anyone owning 20% or more of the business
- Your personal tax returns for the last 2 years
- Recent mortgage statements (if applicable)
- Documentation of the value of significant personal assets (if applicable)
- Your personal bank statements for the past 2 months
- Your Personal Financial Statement
- Basic personal and business info, to include:
- Loan purpose, amount, type and length of repayment
- Use of your loan
- Estimates of funds in your bank and retirement accounts
- Monthly salary and/or other income
- Monthly debt payments, including mortgage, rent, student loans and/or credit cards
- Bad credit? Take a class on improving your credit.
Established Business
- Business Plan
- Business Financials in your format, or use ours. Also include:
- Current Balance Sheet
- Year-to-date Profit & Loss Statement
- Tax Returns (last 2 years, business and personal)
- Demonstration of enough revenue to support operations and debts
- Operating Agreements
- Licenses
- Collateral
- Bad Credit? Supply the reason why
- Down Payment (20-25% is typical)
- Your Personal Financial Statement
- Bad credit? Take a class on improving your credit.
- Basic personal and business info, to include:
- Loan purpose, amount, type and length of repayment
- Use of your loan
- Basic information anyone owning 20% or more of the business
- Any additional household income
- Monthly debt payments
About Our Loans
- We offer loans ranging from $5,000 to $150,000.
- We are a compassionate lender. The 5 C’s of Financing allow us to be more flexible with our funding than traditional lenders. In fact, 99% of our clients are business owners who are ineligible for commercial bank loans at this time. That means they’ve been turned down by a bank, but still have the capacity to meet our “5C’s” criteria.
- Our interest rates are as low as 7.75% depending on qualifications and loan type. While higher than some banks, we take risks that most banks won’t.
- Unlike credit cards, cash advances, or other types of high-interest or predatory loans, we work with you to ensure you have the right loan at the right rate that you are able to pay back – without getting into deeper debt.
- We exist to fund women, veterans, communities of color, immigrants, LGBT, disabled, and other traditionally under-banked entrepreneurs.
One-on-One Business Coaching
We deliver coaching for all aspiring, new, and established business owners who come to us.
Sometimes you really need to talk with an advisor who can support you and help point you in the right direction. We partner with you to provide the tools and resources you need to successfully run a business. We provide free consulting.
Entrepreneurship can be daunting and challenging, and this is why each session is uniquely tailored to your needs. We are here to help breakdown overwhelming tasks into manageable milestones and deadlines.
Contact a Business Advisor
Business coaching sessions can be held in-person, over the phone, or via video conferencing.
- Navigating the start-up process.
- Creating a business plan and financial projections.
- Funding options that are unique to your circumstances.
- Drafting loan packages and presentation for potential lenders and investors.
- Identifying new growth opportunities in your existing business.
- Managing business profitability.
- Discovering additional learning opportunities.
- Connecting to community resources and networking opportunities.