FUNDING INFORMATION

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Thank you for your interest in the NATIONAL BLACK BUSINESS SUPPORT CORPORATION (NBBSC)  funding programs. We are a nonprofit corporation responsible for  leading economic development efforts across minority communities.  Our  mission is to strengthen economies by increasing the number of  minority-owned, small or otherwise disenfranchised businesses by  providing access to capital and technical assistance. Through our  relationship with funding partners, we are proud to offer several loan  options to qualified clients. 

 A great way to grow your business! Flexible - pay interest only on the  funds you us. Will not hurt your personal credit. Introductory rates as  low as 0%, standard rates as low as 8%. Use funds to start a new  business, expand marketing to gain new clients, acquire new equipment or  supplies, create new products or services... 

We help you get the loan you need to grow while protecting the overall  well-being of your business and personal credit. Our partners work with  over 100 lenders across the nation so we are sure to find the best rates  for our customers. These loans, both traditional and SBA, have  unbeatable rates starting at 6.0%! No personal collateral required. Term  loans or lines of credit. Funds can be used to pay off high interest  debt, expand your business, purchasing inventory, hiring or paying  employees, launching a marketing campaign... 

The "MCA" is the agreed upon purchase of future receivables in exchange  fo ran immediate lump sum to your business. The lump sum funds must be  used as working capital, and/or toward expenses related to the business.  It is traditionally paid back in the form of daily or weekly ACH  payments. No collateral is needed. 

Overwhelmed with multiple business loans? This program will help you get  back on track. Each lender you have an agreement with will be paid off,  the amount will be consolidated. You will then have a single, more  manageable payment, allowing you to regain revenue generation for your  business. Collateral required. Rates starting at 12%. 

Intererst-only options  available to lower monthly payments. All property types considered. No  personal credit requirements or use of funds restrictions. 

We offer loans for equipment financing and leasing for startups and  established businesses nationwide. We have a number of programs  available. Funds can be used for furniture, fixtures, millwork, signage;  computers, printers and POS systems; vehicles; kitchen and restaurant  equipment; heavy machinery; spa, salon, manufacturing, medical  equipment.  This is a great way to build business credit while  preserving working capital. NO large upfront costs and fixed monthly  payments for better cash flow management.