Delaware Business Blog

The First State Community Loan Fund (FSCLF)

I owe you guys after skipping my post last week- this should not disappoint.

The First State Community Loan Fund (FSCLF) is a not-for-profit Community Development Financial Institution (CDFI) that capital financing and support services for small businesses and microenterprises in the State of Delaware.
Sound good?

Take a closer look at some of their Business Loan Services:

  • Business Growth Fund – Small Business Loans
  • – Loans and borrower support for business owners, loans typically ranging from $15,000 to $50,000 to be repaid with interest over a 1-5 year period, depending on the nature of the loan.

  • Microloans
  • – Lending from $300 to $15,000 to be repaid with interest over a 4 month to 3 year period. Loan criteria vary by size and type of loan to simplify application process for microloans.

  • Credit Counseling
  • – Want to know if you are really “financially ready” to apply for a small business loan from the First State Community Loan Fund? Follow the above link to complete a brief online form and get the process started!

    Got questions?
    Visit the Business FAQ page for more info or contact FSCLF through the web.

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