Loans

Man stands in front of food truck.

Mercy Corps Northwest loan program was established to fill the lending gap in the financial sector. Small businesses, and particularly those owned by marginalized entrepreneurs, frequently fall between funding gaps which leaves them unable to secure the money they need to grow their business. We offer loans rangimg in size from $500 - 50,000 to combat this challenge.

The goal of Mercy Corps Northwest’s loan program is to serve underfunded communities by providing capital to minority-owned businesses, including women and entrepreneurs of color. Our program works with both startups and existing businesses to serve the needs of business owners at different points in their journey.

We work with individuals who are experiencing less than perfect credit, unable to qualify for loans at other institutions, and who are new to the lending process. Ultimately, our loans help clients to bridge the lending gap. Once a client has paid off a loan in our program we aim to connect them into the financial mainstream where they can continue to build and grow their assets.

Each year business owners across industries, skillsets, and lived experiences come through our doors to land a loan that can help to build their credit, grow their business, and move toward the next step on their journey of business ownership.

In total, MCNW has disbursed over 500 loans totaling more than $5.5 million since 2003.


Meet one of our loan recipients


Loan offerings

Our loans have fixed interest rates starting as low as 7.75% and require monthly payments over a term of 3-60 months. All loan activity is reported to the three credit bureaus and will contribute to your credit score.

Credit Builder Loan

$500-$2,500

Our entry-level Credit Builder Loan is recommended for individuals who are looking to begin growing or improving their credit score to qualify for higher loans while growing a small business. 

Small Business Loan

$500-50,000

This loan is recommended for entrepreneurs who are just getting their enterprise off the ground, looking to expand, or those ready to explore new funding options.


Take the next step

Take five minutes to review our Loan FAQ and complete our expression of interest to see if you qualify. Once completed, a Community Navigator will contact you within two weeks to discuss your funding options and how to apply.

Fill out a loan expression of interest.