Small Business Loans for People of Color


A commitment to minority-owned businesses

According to the Minority Business Development Agency, access to capital remains the most important factor limiting the establishment, expansion and growth of minority-owned businesses. Minority-owned businesses comprise almost 30 percent of the small businesses we have financed in the last four years.

We are committed to providing loans to underserved small business owners, including minorities. As a non-profit lender, we are willing to take the time to look at the story behind your business with an eye towards saying yes to your loan request.

Money to Help Minority-owned Businesses Just Like Yours

  • Larger loans: from $50,000 - $4 million.
  • Longer loan terms: loan terms as high as 25 years keep your monthly payment low.
  • Lower interest rates: You never pay all the interest up front and there are no hidden fees.
  • Lower down payment: down payments start as low as 10%.
  • Better Structure: Matching the term of the loan to the life of the assets being financed, ensuring debt does not exceed available cash flow.

Minority-owned Small Business Facts

  • Minority businesses make up almost 15 percent of the 28 million small businesses and employ 5.9 million workers in the United States.
  • Minority-owned businesses account for close to $600 billion in revenues annually.
  • According to the Small Business Administration, the rate of minority-owned business was 14.6% in 2012 compared with 11.5% in 2007.
  • According to the Federal Reserve, minority business owners pay interest rates on average 32 percent higher than what their white counterparts pay.
  • A 2013 report by the Small Business Administration’s Office of Advocacy found that Hispanic and African American entrepreneurs tend to start their companies with less money than white entrepreneurs, and they rely more heavily on their personal wealth than on outside lenders or investors.
  • The report also found that when they do seek bank financing, minorities are less likely to be approved than whites, even when controlling for factors like credit history and business type.

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Martinez Geospatial

21 living wage jobs retained
Veteran-owned business
Minority-owned business
Business Growth
Equipment Purchase