Iowans Helping Iowans

Iowa was built on the dreams of thousands of people owning their own business and being able to sustain a good life for their family. Owning your own business has become a reality for many people as they apply the skills they have learned to the passion they possess.

Join us in helping to create the next generation of Iowa businesses for the benefit of our children and future generations.

Learn More »
Download Brochure »

IowaMicroLoan offers Iowa Residents:

  • Financing for start-up, expansion and refinancing of Microbusinesses in Iowa
  • Financing of loans of $5,000 up to $50,000 for a six year term
  • Co-financing with a local lender or loan pool up to $150,000
  • Credit approval within 10 working days of receiving a complete credit application and business plan
  • Technical Assistance grants up to $250/client/year
  • Local team building assistance to help you succeed
  • The ability to improve your credit score through IowaMicroloan reporting

How You Can Qualify

Borrowers must meet the following eligibility criteria before an application can be accepted:

  • Legal Iowa resident 18 years or older
  • Business must be located in Iowa
  • Credit denial letter required from lender
  • No more than 10 full time employees

Learn More »
IowaMicroLoan Video »

How We Can Help

IowaMicroLoan provides

  • Loans for start-up, expansion or refinancing of small business entrepreneurs
  • A technical assistance action plan tailored to the needs of your business
  • A technical assistance grant up to $250/client/year to assist in the cost of accessing technical assistance resources
  • Access to local, regional, statewide, and online networks of microbusiness development mentors, coaches, and professionals willing to help your business become profitable
  • Assistance in improving your credit score and reducing overall business risk that will allow you to utilize traditional credit resources once you graduate from IowaMicroLoan.

Learn More »
Download Application »
Español »