Incubator Microloan




The Mercy Corps Northwest Incubator Microloan provides you with the opportunity to grow your business and build your personal credit at the same time.

Upon completion of an approved business training class, you are automatically pre-approved for a small, short term $1,000 loan with flexible use of funds.  Use it to acquire equipment, buy inventory, pay off business debt, or build up your working capital – whatever you need to effectively launch or grow your business.


What do you need to do to qualify?

  1. Complete the MCNW Foundations class or IDA program, or a pre-approved business training class from a partner (see below)
  2. Demonstrate proof of earned income for loan repayment (i.e. your most recent tax return, or your last 2 months of paystubs)
  3. Register with the state and show federal EIN
  4. Open a business checking account
  5. For credit purposes, you must have no active bankruptcies in the last 12 months, no current delinquencies, and no outstanding collection accounts (we pull and provide your credit report)


Once you successfully pay off your first loan of $1,000, you are automatically pre-approved for an additional loan of $2,500 under the same qualifications.  The same streamlined application process applies, making it easy to access capital and grow.



Loan Amount $1,000
12 months
Payment $87
Total Interest $22
Total Fees



Loan Amount $2,500
Term 24 months
Payment $114
Total Interest  $214
Total Fees


Ready to get started?  Let’s talk.  To start the process,  fill out a simple online loan inquiry and a MCNW Loan Officer will contact you about next steps.



Approved Business Training in Oregon:


Women's Business Center



Approved Business Training In Washington: 



Center for Inclusive Entrepreneurship: Provides training and support services to low-income entrepreneurs starting or growing their small business in North King county.

Women’s Business Center: Offers business counseling, technical assistance, and training on a wide variety of topics.






Link to Washington page for Mercy Corps.

Link to Washington page for Mercy Corps.