SBA Microloans for Felons
The SBA Microloan Program is a great loan program for felons for several reasons. Microloans are easier to get generally speaking and most felons are not looking for high dollar loans greater than $50,000. The average SBA microloan is for $13,000. If you have poor credit I first suggest that you repair it and I will tell you how to do that at the bottom of the page. I would also apply for a small amount, $5,000 dollars or less.
SBA microloans can ONLY be used for the following:
- Equipment and/or Machinery
You can find a list of the Participating Microloan Intermediary Lenders here or you can contact the SBA directly.