Entrepreneurs with Disabilities

Eligibility

• The ability to perform basic self-employment activities is restricted due to an impairment
• Start up, expansion, business purchase
• Must own and control business
• Owner equity, co-signer, or guarantor

Types of loans

• Term (on demand)
• Loan guarantees
• Equity participation

Loan terms

• $40,000 maximum loan
• Interest: prime + 3 - 5% fixed 5 yrs
• Life insurance: .50 per $1,000 of monthly loan balance

Fees

• Application: $75, non-refundable
• Administration: 1% of approved amount, minimum of $100
• Security registration cost