Best Microloans & Community Lenders
Compare 4+ microloans & community lenders to find the best rates, terms, and service for your business.
Microloans provide small amounts of financing (typically under $50,000) to startups, minority-owned businesses, and entrepreneurs who may not qualify for traditional loans. Often offered by nonprofit CDFIs and mission-driven organizations, microloans come with business coaching and support in addition to funding. This guide compares the top microloan providers to help underserved entrepreneurs find the support they need.
Tree of Life Funding
Unlike other lenders on this list, Tree of Life Funding is a lending marketplace that connects you with 75+ vetted lenders. This means you can compare multiple offers with one application and no hard credit pull, ensuring you get the best rates and terms for your situation.
Why we like it
- 75+ lending partners
- No hard credit pull
- Same-day funding
- Dedicated advisor
Keep in mind
- •Not a direct lender
Complete Comparison
Accion Opportunity Fund
Grameen America
How We Evaluate Lenders
We evaluate microloan providers on interest rates (20%), accessibility (25%), support services (25%), loan terms (15%), and reach (15%). While nonprofits serve important niches, Tree of Life Funding's marketplace can connect entrepreneurs with microloans AND larger funding options as their businesses grow.
Common Questions
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