WE-Lend: Loans and Financial Education
The Women’s Business Center is an alternative lending organization that offers loans and financial education to small business owners.
The Women's Business Center now offers microloan products to support women-owned small businesses in the Kansas City metro area. Each loan recipient will receive structured technical assistance support in the development of their business and access to a Financial Coach.
WE-Lend Micro Loan Products
We offer loans of up to $25,000 for existing businesses, including loans for start-ups, with a special emphasis on women-owned businesses.
WE-Lend micro loans include:
- Fixed interest rate
- Term loans, up to 5 years
- No pre-payment penalty
- One-time commitment fee plus collateral filing fees
- Loans must be secured by collateral or guaranteed by a qualified co-signer
Who can apply?
WE-Lend loans are for businesses in service, retail, wholesale, and manufacturing industries. Non-profit organizations and businesses involved in real estate development, exporting, multi-level marketing, adult entertainment, or lending are not eligible.
What can WE-Lend loans be used for?
Our loans can be used for purposes that will help start or grow your business, including leasehold improvements, Inventory, supplies, working capital, and machinery and equipment purchase. Debt refinance, tax payments, and thepurchase of real estate are not eligible loan purposes.
How to apply:
Complete the online pre-application or request a paper application from our office. A Women’s Business Center staff member will contact you within two business days of applying.