Are you looking to start or expand your business with a small business loan or startup loan? The SCCF Microlending Program could be the answer!

SCCF offers small business loans and startup loans through our microlending program. Our loans range from $1,000 to $50,000, with interest rates ranging from 7.25% to 8.5% and terms ranging from 1 to 6 years.

SCCF uses a platform called LenderFit to help you through the loan application process. Set up a meeting with the staff at SCCF, and we’ll go over the loan application process and get you started with Lenderfit.

Below are some steps to prepare you for the loan application process.

1. Refine Your Business Plan

It’s important to have a clear vision and be able to articulate the plans for your business. Dig in deep, research, and formulate your plan. Not sure where to start? We can help with our 8-Week Business Bootcamp. We also have business planning templates you can use to get started. Check them out below.

Business Plan Template
Startup Costs and Cash Flow Projection Template

2. Start Gathering Application Materials

There are some personal and business documents we’ll need from you. Feel free to bring as many documents as you can to your first meeting with SCCF staff.

One per Owner (any individual obtaining at least 20% ownership in business):

  • Personal Financial Statement (Please use the provided document)
  • Recent copy of personal credit report and score
  • Copy of personal tax returns (3 years)
  • Copy of driver’s license or other form of ID
  • Copy of any bankruptcy discharge order during the past 7 years (if applicable)

Additional Documents for an Existing Business

  • Copy of business federal tax returns (3 years)
  • Income statement & balance sheet for 3 years including year to date
  • Copy of any bankruptcy discharge order during the past 7 years (if applicable)

3. Fill Out Your Loan Application

Using the form below, tell us basics about your business and the loan you are seeking. We will need information from all owners (anyone with at least 20% ownership). Some of these pieces may be able to be pulled directly from your business plan.

SCCF Loan Application