Empowering future generations of small business entrepreneurs.
MISSION
At Creser Capital Fund, our mission is not just a statement; it’s a call to action. We will accelerate access to capital to promote community economic growth, develop and advance small business entrepreneurs, and empower the next generation’s future.
Small business entrepreneurs are not just the backbone of economies; they are the driving force behind growth, job creation, and the support of existing companies in a community. Their innovative spirit and dedication inspire hope for a brighter future.
PROGRAM INFORMATION
The loan process begins when a completed and signed loan application is submitted with all required documents. A complete loan application goes through processing, underwriting, and final approval. Once the loan is approved, the applicant must return the signed loan disclosure agreement before the loan agreement documents are sent to the applicant (s) for approval and signature. When signed loan agreement documents are received by Creser Capital Fund. The funding of the loan is authorized based on the approval instructions. The loan proceeds are disbursed to the applicant (s).
Anyone with 20% or more ownership of the business must fill out a loan application.
Lending Limits:
CRESER Capital Fund offers small business loans from $5,000 to $50,000 with twelve to sixty months repayment terms. No prepayment charges are associated with early payoff. CRESER Capital Fund may require a co-signer or guarantor in some cases.
Loan Funds can be used for the following business purposes:
- Business Acquisition/Expansion
- Facility & Improvements
- Marketing & Promotion
- Payroll
- Equipment & Machinery
- General Working Capital
- Supplies
- Fixture & Furniture
- Inventory
- Website Development
ARE YOU READY TO APPLY?
GATHER THE FOLLOWING DOCUMENTS
Preview or print a sample application. Use the provided sample application as a reference for the personal and business information you will need to submit with your official application.
Required Loan Documents Checklist:
Gather personal and business financial documents before filling out your application. All required documents must be uploaded when completing the Loan Application. Additional documentation may be requested.
Providing accurate and comprehensive information will help expedite the application process.
Personal Financial Documents:
- Personal Bank Account Statement: last 3 months, all pages*
- Credit Report from one of these three accepted credit bureaus: Experian, TransUnion, or Equifax *
- Personal Tax Returns: last 2 years, all pages*
- Proof of Identity: Drivers license, state issued ID, or current photo ID*
Business Financial Documents:
- Business Bank Account Statement: last 3 months, all pages*
- Business Lease Agreement (if applicable)
- Business License & Permits*
- Business Plan Projections* (Website information, products – services pricing, projections)
- Business Structures* (Sole proprietorship, LLC Articles of Incorporation, Partnership, etc.)
- Business Tax Returns: last 2 years, all pages*
- Business Taxpayer Identification Number*
- General Liability Insurance Coverage*
- Liability & Worker’s Compensation Insurance (if applicable)
- Proft & Loss Statement (P&L)*
- Payroll (if applicable)
*Required documents
ALL LOANS ARE SUBJECT TO CREDIT APPROVAL
Please gather all your documents before starting the application process.
Apply through our link
In accordance with federal law and U. S. Department of the Treasury policy, this institution is prohibited from discriminating based on race, color, national origin, sex, age, or disability. Submit a complaint of discrimination to U.S. Department of the Treasury, Office of Civil Rightsand Equal Opportunity, 1500 Pennsylvania Avenue N.W., Washington, DC 20220, (202) 622-1160 (phone), (202 622-0367 (fax), or email crcomplaints@treasury,gov (email).
Empowering future generations of small business entrepreneurs.
Thank you to our sponsors and community partners
