Micro Lending

For... Machinery & Equipment Inventory & Supplies Working Capital Seasonal Expenses

Get Started Today & Speak With An Advisor

First Name

Last Name

Business Name

Email Address

Business Phone

Mobile Phone

Your Credit Score

Your Industry

Time in Business

Annual Sales

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How To Qualify

Create Business Plan

Executive Summary

Description & Structure

Market Research

Products / Services

Marketing / Sales

Funding Request

Projections

Determine Eligibility

Sole / Co Owner

No Bankruptcies

No Tax Liens

No Foreclosures

Ability to Repay

Good Payment History

Strong Business Plan

Other Programs

Veteran Program

Woman Empowerment

Female Entrepreneurs

Underserved Communities

Start-Ups

Documents

Government Issued ID

Proof of Income

Personal Financial Statements

Business Financial Statements

Use Of Proceeds

Detailed Biz Plan

Proof

What is a MicoLoan

Microloans are loans for $50,000 or less, averaging $15,000 in 2021.

Microloans for small businesses are typically offered by nonprofits, government agencies, or individual lenders to be used for a variety of business expenses.

Microloan programs can differ with focus on specific types of businesses; such as female entrepreneurs, underserved communities, or veterans.

Some microloans specify that funds be used for specific purposes.

Microloan uses may Include:

Working Capital
Inventory or Supplies
Furniture or Fixtures
Machinery or Equipment
Seasonal Expenses

In addition to lending money, some microloan programs offer assistance with things like marketing, financial counseling, training, and technical assistance to support budding entrepreneurs. For new business owners, this support can be valuable to help them responsibly use capital and plan for the future of their business.

10 Reasons Why
TRAM Funding Offers
Best Financing Options

		Bank	Direct Lenders
Paperwork	3 Months Bank Statements No Tax Returns Required	2 Years Tax Returns 2 Years Financials	3 Months Bank Statements 1 Year Tax Return 1 Year Financials
Application	One Page – One Minute DocuSign	Lengthy Paper Intensive	Multi - Page Application
Number of Lenders	75 +	1	1
Service Level	Business Advisor	Processor	Programmatic
Approval Process	Hours / Days	Weeks / Months	Days / Weeks
Speed to Funding	Hours / Days	Months	Days / Weeks
Collateral Requirements	Not Necessary	Always	Sometimes Required
Business Profitability	Not Necessary	Last 2 Years	Sometimes Required
Credit Score	No Minimum FICO	680 + FICO	600 + FICO
Credit Check	Soft Pull	Hard Pull	Hard Pull

Creating Opportunities

Seize the opportunity to grow your business and gain access to the capital you need.

Micro Lending

For... Machinery & Equipment Inventory & Supplies Working Capital Seasonal Expenses

Get Started Today & Speak With An Advisor

Simple Application

No Minimum FICO

Larger Amounts

Same Day Funding

What is a MicoLoan