Loan Process and Application
The following steps are required as part of the application process:
- Applicant completes and submits the Loan Application Form (below).
- Bootstrap America will assign a trained Business Mentor to work with qualified applicants.
- With assistance from the Business Mentor, applicants will complete the Financial Worksheet and create a Business Plan.
- Bootstrap America will assist the applicant in identifying and confirming a Community Mentor to work with them.
- Applicant will receive notification regarding acceptance into the Bootstrap America program.
- Approved applicants must sign a Loan Agreement confirming that they will abide by all stated terms including the loan repayment schedule.
- Bootstrap America will notify the applicant when loan funds are available in the agreed upon loan amount.
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