Applications

We are committed to creating arrangements and terms that help to uplift your business. Our goal includes establishing ongoing relationships with those we support so that we may continue to encourage and champion them. Please review the following criteria to determine your eligibility to apply. If eligible, we invite you to move forward with your application.

CRITERIA

Your business must meet the following qualifications:

  • At least 51% owned by a Black woman or women, or a Black person/people who identifies/identify as a woman/women
  • Registered and actively operating in Michigan for at least 1 year
  • Employs one or more persons/contractor and seeks to maintain or grow staffing

Steps to obtain Loan 

  • Step 1- Complete full online application
  • Step 2- Prepare time for a phone/ Zoom application review
  • Step 3- Prepare items for the next interview. ( items will be discussed during review)
  • Step 4- Have zoom interview 
  • Step 5 -Decision will be made no longer than 30 days from initial application.

All applications must be submitted online (There is a hot link on the WL page labeled APPLICATION) . We will set up an initial meeting via Zoom with each qualified applicant within 72 hours of application.