Applications are open for the new Small Business Capital Access Program!
Small businesses can borrow up to $150,000 with 4% interest to use on business expenses such as payroll, rent and utilities!
The new Capital Access Program will lower the cost of Washington State Small Business Flex Fund loans for eligible small businesses by paying down 25% of the loan principal. Small businesses can borrow up to $150,000 with 4% interest to use on business expenses such as payroll, rent and utilities.
OED encourages all applicants who meet the eligibility requirements listed on OED’s website to apply as there will be additional resources provided through this program.
To apply for the City’s Capital Access Program, eligible small businesses must submit a Flex Fund application online at smallbusinessflexfund.org/seattle.
Applications must be submitted by April 8 at 5 p.m.