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WHCA, Washington Hancock Community Agency

Job Start Loans

Information

Job Start offers loans up to $10,000 to start or expand a small business.

  • ¬†Interest rate - Prime plus 1%
  • Flexible repayment terms
  • 2% origination fee due at closing
  • $15 application fee

Requirements: To qualfyfor a loan you must be:

  • Unable to obtain financing from a bank
  • Have income at or below the region's median income
  • Net worth (excluding home and business assets) must be below $25,000
  • Complete a loan application for loan committee review

It is the responsibility of the borrower to complete the application with all necessary data attached. The loan committee staff need not consider the application until it is determined complete by program staff.

Loan Application PDF 358KB
Cash Flow Projections - Excel Spreadsheet 34KB
Instructions for Preparing Cash Flow Projections PDF 148KB

 
 
 
 

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