VestedIn has the business loans to meet your business’ needs. Pre-qualify for one of our Small Business Loans!
Why work with VestedIn?
VestedIn is a community lender, but being a source to procure loans is just a fraction of who VestedIn is. We’re in the community because we are dedicated to the community. We’re here to serve low-income neighborhoods that have historically been locked out of the financial system. VestedIn is a CDFI (Community Development Financial Institution) that offers an alternative to obtain the necessary capital to start a business, make improvements or expand a business through low interest business loans. Our financial programs include a minimum of 1.5 hours of free technical assistance and are here to guide you whether your loan is approved or denied. While applying for a loan through a bank is possible, we take a holistic approach to the lending process and don't solely rely on your credit. We are committed to cultivating long-term relationships and the creation of generational wealth.
We’re dedicated to partnering with your business and providing you with the resources to continue to build in the future.
Available Loan Programs
VestedIn provides small business loans for: Working Capital, Purchasing Real Estate, Renovation or Construction on an Existing Building, Purchasing Inventory, Taking Advantage of Business Opportunities, and Purchasing Equipment or Furniture. The best place to start is here. Typical application requirements are:
- Business tax returns for the last three years
- Personal tax returns for the last three years
- Personal financial statement
- Minimum credit score of 600
- Description for use of funds
Expedited Loans
VestedIn Expedited Loan Program provides financing from $1,000 to $25,000 to eligible small businesses.
Benefits
- Simplified loan process
- Variety of loan uses
- Faster loan processing
- Loan approval within 7 days of completed application
Direct Loans
Direct Loan Program provides loans from $1000 ‐ $250,000 to eligible small businesses.
Benefits
- Underwriting not solely based on your credit score
- 1 on 1 conversations to understand your request
- Matching the right loan product to match your need
- Multiple sources of internal capital
- Experienced community lenders
250 Plus Loans
Provides loans $250,000 and up by securing your loan terms by searching the marketplace for the right deal that fits your needs.
Benefits
- We find the best choices
- You save time
- Multiple financing options
- Efficient loan search
What is the loan application process?
The applicant submits a completed on-line application to VestedIn for review, at which time a thorough credit analysis is performed. For applications that receive a positive credit evaluation, the loan is presented to VestedIn’s Loan Committee and/or the Board of Directors. Following loan approval, VestedIn issues a commitment letter to the applicant. Settlement of the loan may occur once the terms of the commitment letter are satisfied by the applicant.
Do you want to find out if you pre-qualify for a small business loan?
Frequently Asked Questions
Who is eligible for a VestedIn business loan?
VestedIn serves small businesses, entrepreneurs, and business owners located in or serving low-income communities. We work with startups, growing businesses, and established companies looking to expand.
Do I need perfect credit to qualify?
No. VestedIn takes a holistic approach to lending. Credit history is one factor we consider, but it is not the sole determining factor in our decision. We also evaluate your business plan, cash flow, experience, and overall goals. We are committed to understanding your full story, not just a number.
What can I use the loan funds for?
Loan funds can be used for:
Working capital
Purchasing real estate
Renovations or construction
Inventory
Equipment or furniture
Business expansion opportunities
If you are unsure whether your need qualifies, our team can help determine the right fit.
How much can I borrow?
Loan amounts depend on the program:
Expedited Loans: $1,000 to $25,000
Direct Loans: $1,000 to $250,000
250 Plus Loans: $250,000 and up
Our team will work with you to match the right loan product to your needs.
How long does the loan process take?
For Expedited Loans, approval may occur within 7 days of receiving a completed application and all required documents.
Direct and 250 Plus Loans take a minimum of 30 days and may take longer depending on the complexity of the request and how quickly required documentation is submitted.
What documents are required to apply?
Typical requirements include:
Business tax returns for the last three years
Personal tax returns for the last three years
Personal financial statement
Description of how funds will be used
Additional documentation may be requested during underwriting.
Is collateral required?
Collateral is not required. However, if collateral is available, we may request it as additional support for the loan.
What happens if my loan is denied?
VestedIn provides at least 1.5 hours of free technical assistance whether your loan is approved or denied. If your application is not approved, our team will help you understand why and identify next steps to strengthen your business for future funding.
Is there support beyond the loan?
Yes. VestedIn is more than a lender. As a CDFI (Community Development Financial Institution), we provide guidance, education, technical assistance, and access to our B-Smart program to help you build a stronger business and create long-term stability and generational wealth. We also partner with small business support organizations and can provide referrals if VestedIn is not the right fit for your needs.