No-Interest Loan Program
Funding Amount
Varies
Deadline
Rolling / Open
Grant Type
foundation
Overview
No-Interest Loan Program
Overview: Structured, 0% interest financing options for Detroit-based businesses.
Description: The No-Interest Loan Program provides no-interest financing to Detroit-based businesses designed to build equity and empower businesses of African descent. All funding requires an application, screening, and approval prior to disbursement.
- Businesses of African descent
- Detroit-based
Eligibility
- Interest Rate: 0%
- Structured financing with flexible terms
Loan Terms
- All funding requires an application, screening, and approval prior to disbursement
Application Process
- Phone: 313.550.4343
- Email: bld@blackleadersdetroit.org
- Address: 8425 W. McNichols Rd, Detroit, MI 48221
- Website: blackleadersdetroit.org
Contact Information
How to Apply
Application Process
1. Submit application through Black Leaders Detroit
2. Application will undergo screening
3. Await approval decision
4. Upon approval, proceed to disbursement
Note
Detailed application requirements and forms are referenced but specific forms and detailed requirements were not provided in the website content.Focus Areas & Funding Uses
Fields of Work
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