Small Business Detroit! MicroLoan

The Small Business Detroit Microloan Program provides financial support for new and existing small businesses that are currently located in or wanting to locate in the city of Detroit. Some of theses businesses may have trouble meeting collateral or credit rating requirements of lenders. Others may need assistance with payment terms due to short-term cash flow concerns. Some businesses may not qualify for conventional financing for these reasons. This fund will make loans available to these business owners.

The SBDML is administered by CEED (Center for Empowerment and Economic Development) and housed at WCCCD's (Wayne County Community College District) Northwest Campus located at 8200 West Outer Dr. at Southfield Fwy.

APPLYING FOR A SMALL BUSINESS MICROLOAN FOR YOUR VENTURE:

Microloan orientations are mandatory for small business owners with less than 3 years experience in their businesses who are seeking to apply for microloans for their ventures. The SBDML office hosts orientation sessions every Tuesday at 10 a.m. For more information, please contact 313-255-1020.

SBDML ENTREPRENEURS' ROUNDTABLE SERIES

The SBDML developed the Entrepreneurs' Roundtables, a series of roundtable discussions to assist entrepreneurs with starting their own businesses. Each roundtable discussion specializes in a particular industry. The next roundtable discussion is:

ENTREPRENEURS' ROUNDTABLE II: RETAIL INDUSTRY
Thursday, November 13
Northwest Activities Center
18100 Meyers Rd.
Detroit, MI

Follow the link Entrepreneurs' Roundtable II: Retail Industry to view or download the invitation with complete details.

View the Entrepreneurs' Photo Gallery