UMLF - Our Loan Programs

	Our Loan Programs
	We Make Loans from $1,000 to $25,000






	FAST FACT: As A Community Development Financial Institution, the UMLF is able to serve individuals who are not able to access traditional sources of bank financing.

Our Loan Programs

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Our loans are designed to help people who cannot qualify for traditional small business loans. Whether loans are used for inventory, equipment, payroll or other costs, the UMLF understands that small business owners need access to money but often can’t qualify for bank loans because they lack a business history, sufficient collateral or have limited or a poor credit.

You should think about other possible lending sources before considering one of our loans. If you, or key partners, are in a financial situation to borrower money elsewhere, our loans are not for you.

We're not like a regular bank.

We're actually a not-for-profit organization. For us, lending is about more than making money. It's about helping people increase their incomes, feel better about their lives and build up their neighborhoods.

We take a personal interest in you.

Our application process gives you the opportunity to tell your story, in person, to the people who decide whether to approve your loan.

To us, your character is as important as your business plan.

Poor or limited credit? We're accomodating.

We know that bad things can happen in life, such as a divorce, medical problems or job loss, that affect your credit rating. We want to talk with you about what happened, where you are now and how we can help you move forward with your business.

Worried about collateral? We're flexible.

While collateral is not the only thing we consider in our lending decision, we do ask you to offer what you can as a representation to us of your faith and investment in your small business endeavor.