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NC
Institute Capital Small Business Loans
CDFI lending for Durham small businesses and social enterprises needing capital for real estate, upfit, equipment, or acquisition.
About this program
Institute Capital provides loans for small businesses and social enterprises focused on community and economic development. Eligible uses include real estate purchase, upfit, equipment, working capital, and business acquisition.
Eligibility
Small businesses and social enterprises in North Carolina, including Durham firms, that meet Institute Capital underwriting and program requirements.
Requirements
- Submit loan application, business plan, financial statements, owner information, and use-of-funds plan
- Meet underwriting, collateral, repayment, and eligibility requirements
- Participate in technical assistance or business support when required