THE MICROLOAN PROGRAM
The Microloan Program at GO Connection provides funding for entrepreneurs who cannot yet qualify for bank financing. We strive to help both start-up and expanding businesses flourish by providing funding and honest business advice and counseling.

The Microloan Application is available in PDF Format for downloading. If you need a copy of Adobe Acrobat, please see link at bottom of page.

TERMS
Our program makes small loans in amounts up to $50,000. We charge a fixed interest rate, with no penalty for early repayment. Microloans are term loans, and the funds must be entirely repaid within 5 years. Specific parameters and a description of the process in obtaining a loan can be found here.

CREDIT & COLLATERAL
Microloan applicants are expected to demonstrate good character and strong commitment to their business. Credit and collateral support this. Credit history indicates how an applicant has handled debt obligations in the past. An applicant’s credit must demonstrate a reasonable assurance that the loan will be repaid. Microloans also require collateral and a personal guarantee from the borrower. Specific collateral requirements vary in each circumstance, while collateral is necessary to validate that an applicant is willing to shoulder some risk for their venture.

ONGOING BORROWER SUPPORT
Microloan provides more than money to our borrowers. The Missouri Women's Business Center offers individual business advisement, training seminars, and other necessary business services to all clients in the Kansas City area. We are a partner in our clients’ success.


FOR ADDITONAL FUNDING SOURCES:
Such as traditional bank financing or venture capital,
please contact GO Connection at 816-235-6146. Or e-mail us at RStubelfield@GOConnection.org