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The Small Business Flex Fund is a simple, low-interest loan specifically for small businesses and nonprofits in Washington state. Organizations with fewer than 50 employees can apply for loans of up to $150,000.
Loan terms include:
- 3% – 4% interest rates
- No fees & interest-only payments for the first year
- 60-month loan terms
- No collateral is required
Funds can be used for payroll; rent and utilities; building improvements; marketing and advertising; supplies, and other business expenses.
On this webinar, you will learn:
- How to prepare to apply for a strong application
- About eligibility criteria and who to contact with questions
- Hear from businesses that successfully applied for the loan
- About additional resources for nonprofits
Presented in partnership with:
Program Speakers
Kristina Hudson
CEO, OneRedmond
Greg Scully
Manager, Nonprofit Resources & Community Partnerships, 501 Commons
Keith Swenson
Deputy Assistant Director, Office of Economic Development & Competitiveness, Washington State Department of Commerce
Mat Thalakotur
Founder, Mighty Gum
Conor McCarthy
Senior Loan Officer, National Development Council
