Loan Programs Minneapolis Consortium of Community Developers The CanDo. The main goal for the Consortium's loan program is to help revitalize economically distressed communities in Minneapolis by strengthening local small businesses. We seek to do this by helping emerging businesses to gain access to private capital and technical assistance while promoting new banking practices that will meet the needs of emerging businesses in the private market. Guidelines Loans are available to small businesses located in Minneapolis.
Some programs require a closing fee.
All require borrower to pay filing fees to secure collateral interests and to pay cost of acquiring a credit report. This program is to help revitalize economically distressed communities in Minneapolis by strengthening local small businesses. This is a Program developed by the State of Minnesota to encourage minority and low-income business ownership and employment opportunities for residents in partners service areas. Under the SBA Microloan Program the Consortium borrowed funds from the SBA to lend to businesses. The goals are to help revitalize economically distressed communities in Minneapolis by strengthening commercial nodes in major corridors.