The Micro-Enterprise Loan Program is part of Invest PGH’s strategy to promote opportunities for groups who have not had ready access to business financing in the City of Pittsburgh, including minority- and women-owned businesses.
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We help
Pre-businesses, start-ups, and existing businesses
People who have insufficient collateral for a traditional loan
People with credit history concerns
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Unfortunately, we are unable to fund multi-level marketing enterprises, real estate purchases, or non-profits.
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Loan terms
Minimum loan amount of $5,000
Maximum loan amount of $30,000
Fixed interest rate of 3%
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Fees
$350 application fee
Administrative fee of 2% of total Invest PGH lam