Loan Process and Application

The following steps are required as part of the application process:

  1. Applicant completes and submits the Loan Application Form (below). 
  2. Bootstrap America will assign a trained Business Mentor to work with qualified applicants.
  3. With assistance from the Business Mentor, applicants will complete the Financial Worksheet and create a Business Plan.
  4. Bootstrap America will assist the applicant in identifying and confirming a Community Mentor to work with them.
  5. Applicant will receive notification regarding acceptance into the Bootstrap America program.
  6. Approved applicants must sign a Loan Agreement confirming that they will abide by all stated terms including the loan repayment schedule.
  7. Bootstrap America will notify the applicant when loan funds are available in the agreed upon loan amount.
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