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Wichita, KS PROPEL Small Business Loan Fund opens resources to small businesses and sole proprietors

Wichita, KS PROPEL Small Business Loan Fund

Terminé

PROPEL issues loans up to $20,000 to businesses with demonstrated revenue that may not qualify for traditional bank loans. Requirements for a PROPEL loan include at least two years of operations, one year of sales, and operations in low-to-moderate income neighborhoods. Each loan has a three-year repayment period and a 3% interest rate. The program focuses on businesses that are owned by women or people of color often overlooked for financing.

WK

Wichita, KS

Municipality in Kansas

US flag

United States

Links

Economic Development PROPEL

Plus de Wichita

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