Atlanta Micro Fund provides funding to borrowers primarily through the AMF small business loan program for Georgia businesses in Cherokee, Clayton, Cobb, Dekalb, Douglas, Fulton, Gwinnett, Henry, Newton and Rockdale counties.
First time borrowers are eligible to apply for a loan up to $10,000 (a repeat borrower up to $15,000).
Loans may be used for the following: – Equipment and/or machinery – Inventory – Marketing – Raw Materials and/or supplies – Vehicles – Working capital (soft costs) Loan Terms and Interest AMF offers flexible loan terms and interest rates to meet even the smallest budget needs.
The terms range from 1 month up to 36 months and will depend largely on the size of the loan and the nature in which a business generates revenues and/or expenses.
The interest rates range from 9.0% to 12.50% and will depend on the size of the loan and not borrower’s personal credit score.
Address: 100 Flat Shoals Avenue SE