MBN USA

January 05, 2022

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NMSDC Business Consortium Fund launches microloans for MBEs

NMSDC Business Consortium Fund (BCF) has launched their first Microloan Program, dedicated to servicing certified MBEs, thanks in part to generous funding from Wells Fargo & Co.

Are you a small business owner looking for money to expand your business? Curious about how a micro loan can help you grow? We’re here to help.

Micro loans are here for all qualified National Minority Supplier Development Council-certified small businesses. With generous funding from Wells Fargo and other corporations, The Business Consortium Fund is excited to launch its first dedicated micro loan program.

You can apply for a $10,000 to $75,000 microloan with an extremely low interest rate and get your business going in the new year. The NMSDC Business Consortium Fund also offers very competitive rates for loans over $75,000. Once approved and funded, you can immediately start using the loan proceeds as intended.

Loan proceeds can be used for working capital, information technology upgrades, digital marketing campaigns, equipment, inventory, or any other approved use. And, you have up to 5 years to repay the loan so you can be sure that the money works for you.

Head over to BCF and apply for your microloan today.

Ready. Set. Loan.

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To learn more about the NMSDC Business Consortium Fund (BCF) click here.