The Detroit Micro-Enterprise Fund: Apply Now

Business Applicant Requirements:

Businesses must meet certain criteria. Loans are not given to repay old debt or refinance existing loans from other lenders. To be eligible for a microloan, a business at a minimum:
- Must be based in Detroit, Hamtramck or Highland Park
- Must be private for-profit
- Must be unable to obtain capital from traditional sources, such as banks and credit unions

Detroit Micro-enterprise Fund Preliminary Loan Application for an Established Business

Owner's Name:

Street Address (Home):

City (Home):

State (Home):

Zip Code (Home):

Home / Cell Phone:

Email Address :

Business Name:

Street Address (Business):

City (Business):

State (Business):

Zip Code (Business):

Business / Alternate Phone:

Tell us a little more about you and your business...
Date Established:
Business Type: Home-Based Full-Time Part-time Internet
Are you a minority?: Woman Veteran Disabled
Approximate Age:

What goods or services does your business provide?

Describe your customer base:

Why do customers buy from you, rather than someone else?

Why do you need a loan?

What other sources of capital might be available to you?
Second Mortgage Personal Savings Help from Friends/Relatives
Other

What are the annual sales for your business?

How do you expect to repay the loan?

Have you attended any business training?
Yes No

Do you have a business plan?
Yes No

Have you already met with a banker?
Yes No

If so, what was their response?

The Fund | Apply Now | About Us | Links | Contact Us

Detroit Micro-Enterprise Fund
440 Burroughs, #123
Detroit, MI 48202
(313) 263-4032