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VA

VSBFA Microloan Program

Direct microloans from the Virginia Small Business Financing Authority for very small business loan requests where traditional bank financing is not available.

About this program

Visit the program website for full details.

Eligibility

Virginia-based small businesses with annual revenues of $10 million or less, or net worth under $2 million, or 250 or fewer employees in Virginia.

Requirements

  • Must be a Virginia-based small business
  • Annual revenues must be $10 million or less over each of the last 3 years, OR gross net worth less than $2 million, OR 250 employees or fewer in Virginia
  • Must not have access to traditional bank financing