About Small Business Growth Funds Committee

Sbgfunds is a nonprofit Community Development Financial Institution (CDFI) and U.S. Small Business Administration (SBA) lender dedicated to accelerating the economic inclusion and strength of underserved communities. Founded in 2006,

Our mission is to accelerate economic inclusion and strength by providing rapid access to capital and customized support to small business owners who have traditionally faced barriers to success. We understand that small businesses are the backbone of our economy, and we are committed to helping them thrive..

Frequently asked questions

What do I need to qualify for the Loan?

1. You must be over the age of 18.
2. You must have a Social Security Number (SSN) or Tax Identification Number (ITIN).
3. We offer both Personal and Business Loans.
4. Business must be located or operate within the United States.
5. If you recently received a SBGF loan, we will take this under consideration during the underwriting process. We want to ensure your financial health and small business success.

We can consider lending to businesses with any structure: sole proprietors, limited liability companies, corporations, partnerships, and nonprofits. SBGF lends to businesses in a wide variety of industries, including food and beverage, transportation, retail, manufacturing, design, software, professional services, construction, landscaping, and many more.

No, we don't charge prepayment penalties. Your cost for taking out a loan will include the closing fee and interest accrued until the balance is paid in full. Late fees and collection fees may be charged if you do not pay as agreed.

Does Small Business Growth Funds Lend to Startup businesses ?

Yes! We lend to businesses that are up and running as well as to aspiring entrepreneurs who are starting a business.