SBA programs, community development lenders and revenue-based funding reviewed on deposits; certification can open contract opportunities.
Check my optionsOwner communities
Minority business owners can access every mainstream funding product plus a set of programs designed to close documented gaps in access to capital. Using both tracks together often produces the best results.
Amount to request
$85,000.00
Funding range$25K to $5M
*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.
A human reads the file, not just an algorithm score.
Existing balances of $100,000 or less can be bought out.
Approved files are usually funded the next business day.
Your file goes to funders that fit it, so offers can be compared.
Fast decisions. Applying takes about 5 minutes.
A short application. A soft credit pull to start.
We review revenue, time in business and bank activity, not just a credit score.
You see the amount, the schedule and the full repayment amount before you sign.
Funding in as little as 24 hours for qualified businesses.
The gap is documented. The Federal Reserve Small Business Credit Survey has repeatedly found that Black- and Hispanic-owned firms are less likely than white-owned firms to receive the full amount of financing they apply for, even after accounting for some differences in firm characteristics. Strong documentation and choosing lenders that evaluate the business on its performance help reduce that gap in individual cases.
Mainstream products are open to all owners. Bank and SBA loans offer the lowest cost for businesses with strong credit and history. Online lenders serve moderate profiles. Revenue-based funding is underwritten mainly on bank deposits and considers credit from 500, which makes it accessible to owners whose credit files are thin or were damaged in the past.
Targeted programs add options. Community development financial institutions (CDFIs) and minority depository institutions lend to underserved communities, often with flexible criteria and technical assistance. Minority Business Development Agency (MBDA) Business Centers provide advising and access to contracts. The SBA 8(a) Business Development program supports socially and economically disadvantaged owners in competing for federal contracts.
Certification can matter as much as a loan. Minority business enterprise certification through organizations such as the National Minority Supplier Development Council, or state and city programs, can open supplier opportunities with large companies and governments. A won contract strengthens any funding application.
MFE works with owners from all backgrounds, reviewing deposits and business performance, and one application reaches multiple funders.
Owners can also look at programs tied to specific places. Many cities and states run small business loan funds or guarantee programs for businesses in designated neighborhoods or opportunity zones, often with flexible criteria and technical assistance. Local economic development offices can point to what is available.
Here is a revenue-based offer for an owner with steady deposits. Illustrative numbers.
| Amount funded | $125,000 |
| Factor rate | 1.20 |
| Total payback (amount × factor) | $150,000 |
| Fees deducted at funding (3%) | $3,750 |
| Net cash you receive | $121,250 |
| Weekly payment over 48 weeks | $3,125 |
| Same total as daily debits (~240 business days) | $625/day |
Illustrative numbers only. Your offer depends on your file; always compare net cash and total payback in writing.
| Bank or SBA loan | Lowest cost, strongest profile |
| Revenue-based funding | Deposits-based, credit from 500 |
| CDFIs and MDIs | Flexible criteria, assistance |
| MBDA Business Centers | Advising, contract access |
| SBA 8(a) and MBE certification | Contract opportunities |
Good fit:
Probably not yet:
Some CDFIs and programs target minority owners; mainstream products are open to all.
Black- and Hispanic-owned firms are less likely to receive full requested financing.
A program helping socially and economically disadvantaged owners compete for federal contracts.
A federally supported center offering advising and access to contracts.
Indirectly, by opening contracts that strengthen revenue.
Options begin at 500.
Example uses for illustration only.
Before you apply:
One secure application. A soft credit pull to start. No obligation to accept an offer.
Apply for Funding