Microloans for Your Small Business

Eric and Naihma Deady used a microloan to finance their small business.
Eric and Naihma Deady of Bike Commuter,
Read their story here

MercyCorps NW

We provide capital to help small businesses in Oregon and Washington grow and work with business owners who may not qualify for traditional loans, In addition to financing, our borrowers benefit from technical assistance in the form of classes and counseling.

Microloan Terms

  • Loan amounts: From $500 up to $20,000 for new businesses
  • Up to $50,000 for businesses in operation for more than one year
  • Repayment terms: Two months to Five years
  • No penalty for early repayment
  • Loan Fees: 1-5%
  • Interest: 8-12% Fixed Rate
  • Credit-building potential: Loans payments are reported to the three credit reporting agencies

See if you qualify for a small business loan.

Typical uses of funds:

  • Capital goods such as equipment and fixtures
  • Business vehicles
  • Upgrades and repairs
  • Goods and materials for expansion
  • Other uses may be considered as well

We offer more than money to grow your business

  • Key advice and mentoring
  • Small business classes
  • Seminars on key business topics
  • Credit repair guidance
  • Business financial planning—forms and information

“Mercy Corps Northwest gave me a loan at the worst economic times. If they hadn’t given me a loan, who knows where I would be? Packing Pearls would probably just be an idea, a product stuck on a shelf somewhere.”
- Joanna Guzetta, Four Seasons Container Gardens


A quick reference to the relevant details of our small business loan program.      Read frequently asked questions about our small business loan program.

Did you know? We have special loans for business based in Beaverton. Click here to learn more.