Minority-Owned Business Loans
Find success with minority business loans
Ready To Move Your Business Forward?
What qualifies as a Minority Business?
Many minority business loans and grants are dependent upon specific qualifications or thorough business plans. With National funding, this isn’t an issue. As an alternative lender, we’re happy to look out for underserved small businesses and support them as they grow. From racial minorities to small business loans for women, when it comes to special qualifications or applications, you are already set.
How Small Business Loans for Minorities Work for You
Like all entrepreneurs, minority business owners must contend with a constantly fluctuating market and day-to-day financial obligations. Between purchasing new inventory, expanding staff and moving into different premises – running a business takes money, and oftentimes, that means it requires borrowing. Fortunately, owners seeking a path to business development through minority business loans can turn to National Funding. We want every business owner to have the chance to flourish.
Access to Working Capital
- Cover unexpected expenses like tax bills or repair costs
- Pay recurring costs like rent, payroll and utilities
Grow Your Business
- Use funds for new marketing campaigns to accomplish your goals
- Reach out to the community through advertising efforts
Easy Application and Approval
- Quick online loan application with minimal documentation required
- Higher rate of approval than traditional lenders
Take Advantage of Opportunities
- Put money down on a new location without digging into cash reserves
- Hire additional employees for the support you need during busy periods
Small Business Loans for Minorities
How to Apply
What Customers Are Saying
Joann Johnson, Owner
JoChas Moving & Delivery
When a family of former NFL players wanted to move its business to the big leagues, they wanted a funding partner that provided a caring, personalized approach to small business loans. They turned to National Funding to help kick off their growth, and have had a “special” partnership ever since.
Why National Funding?
From working capital loans to equipment financing options, minority business owners are sure to find a funding solution that is suited to their needs. Minority businesses loans at National Funding are easier to qualify for since we focus far less on credit scores and business plans than other lenders. We look at you as the business owner, and your potential, more than we look at old number figures. We also know that business owners are pressed for time, which is why we make those applications short and straightforward. Our easy, one-page application features no obligations on the part of the borrower. Plus, you can count on quick approvals for qualified borrowers.
We Know Minority-Owned Businesses
Experience supporting minority business owners and other small businesses
Trusted by Businesses Like Yours
Over $3 billion in funding to more than 50,000 businesses nationwide
Personalized Experience
Lending solutions and payment options tailored to your specific needs
Fast & Easy Application Process
No-cost, no-obligation application with funding in as few as 24 hours1
Funding Specialists Who Care
Experienced Funding Specialists help you make the right decision
Worry-Free Lending
No collateral requirements, plus simple, automatic payments
What Are the Options for Minority Business Owners?
There are a variety of options when it comes to minority business loans, each with advantages and disadvantages. Certain SBA loans are built for minority businesses and aim to help underserved communities. The main difference between those and loans from National Funding is qualification requirements. The government often tries to avoid risk and prefers to lend to those with high credit scores. At National Funding, we help minority business owners who may have trouble gaining the funding they need elsewhere. We don’t mind a little risk and are happy to help businesses, even those with lower credit scores. Our small business loans for minorities are here to serve you!
Resources for Minority-Owned Businesses
Latino Small Business Owners Have Difficulty Securing Funding
Even with Latino-owned businesses on the rise, many owners are finding it difficult to get a business loan. In order to meet this crucial need, see what some business owners are doing instead.
6 Best Resources for Minority-Owned Businesses
No one should have to operate with an unfair disadvantage. Learn how you can use the resources available to you to successfully run your business. This post covers getting funding through grants and loans, as well as networking and connecting with media contacts. Use these tips to help you take advantage of useful resources and manage your business more efficiently.
FAQ: Minority-Owned Business Loans
Do you have questions about business finances or business loans for minorities? You’re not alone. We’ve collected common questions from minority business owners like you.
Ratings & Reviews
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