Loan Products
Micro-Loan Application
justine PETERSEN has a streamlined application process that offers applicants as little or as much technical assistance required to successfully access the most appropriate loan fund. Start applying today by reviewing Justine Petersen's Micro-Loan Application.
No written Business Plan? No Problem! justine PETERSEN has designed a Business Plan Questionnaire to assist busy small businesses owners to easily communicate key aspects of their business. Need help filling it out? Contact justine PETERSEN IDA/ Loan Fund Manager, Aida Ibragimova, for assistance.
Loan Funds
Emerging Markets Loan Fund
justine PETERSEN wholly-owns a U.S Department of Treasury certified Community Development Financial Institution, Great Rivers Community Capital. One of Great Rivers' loan products is the Emerging Markets Loan Fund. The mission of the Emerging Markets Loan Fund is to provide access to safe, affordable capital to small businesses overlooked by mainstream financial institutions. This loan pool is funded by local investors and the CDFI Fund. The average loan size is $10,000.
SBA Micro-Loan
As a U.S. Small Business Administration Micro-loan Intermediary Lender, justine PETERSEN borrows capital from the SBA and originates loans to entrepreneurs that do not have access to commercial or conventional loans. The typical loan from this fund is under $5,000.
Green Loan Fund
The Green Loan Fund is for small businesses that are socially and environmentally responsible in the way they source, manufacture, and market their products and run their offices and factories. Green Businesses focus on using business as a tool for positive social change. To qualify for a Green Loan, businesses must demonstrate their commitment and significant action in both environmental stewardship and social and community responsibility.
Job Opportunities for Low-Income Individuals (JOLI) Loan Fund
Federal grant dollars from the U.S. Department of Health and Human Services' Job Opportunities for Low-Income Individuals Program (JOLI) have been awarded to justine PETERSEN to establish a revolving micro-loan pool for low-income and/ or TANF recipients. justine PETERSEN partners with Employment Connection to provide job training and screening for prospective program participants. justine PETERSEN provides technical assistance in preparing business plans, organizing financial statements and formulating a marketing strategy. This program will create 60 new jobs for low-income individuals through small business development over a three-year period.
