Business Outreach Center Network, BOC Capital Corp.

Business Outreach Center Network, BOC Capital Corp.
By   Guideye
Category: General

www.bocnet.org  

BOC Capital Mission Statement:

Founded in 2001, BOC Capital Corp., an affiliate of the Business Outreach Center (BOC) Network, is a not-for-profit Community Development Financial Institution (CDFI) and a certified Community Development Entity (CDE) dedicated to providing micro-enterprise financing, with a special focus on small-business, women, minority and immigrant entrepreneurs.”

Focus:

  • Small Businesses, women, minority, and immigrant entrepreneurs
  • Short-term Loans
  • Working Capital
  • Account Receivables
  • Business Start-up and Expansion

Requirements:

  • Cash flow
  • Owner’s business capacity
  • Cosigner

Loans:

  • Loan Size: $500 to a max of $25,000
  • Interest Rate: 8% to 10%
  • Application Fee: $25-$100

Other Services:

  • Technical Assistance