Funding Amount

$10,000 - $400,000

Deadline

Rolling / Open

Grant Type

foundation

Overview

Small Business Catalyst Fund

Overview: Working capital loan program created in partnership between Community Reinvestment Fund, USA and Fifth Third Bank to help eligible small businesses cover expenses like equipment upgrades, payroll, and other operational costs.

Geographic Scope: Select areas across the region including: Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, South Carolina, Tennessee, and West Virginia.

Loan Details:

  • Minimum: $5,000

  • Maximum: $400,000

  • Interest Rate: 7.5% fixed

  • Term: 60 months
  • Eligible Uses:

  • Working capital

  • Refinance

  • Capital assets acquisition
  • Eligibility:

  • For-profit small businesses

  • Maximum annual revenue: $10 million

  • Must operate within program's focus area (listed states)
  • Contact: Chris Smalley

    Phone: 1-888-210-3039

    How to Apply

    How to Apply

    1. Complete an intro questionnaire to get started
    2. Submit your interest via the online form
    3. Contact Chris Smalley with questions

    Required Materials: Interest questionnaire/form submission

    Focus Areas & Funding Uses

    Fields of Work

    small-businesses

    Categories

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