REAP
TYPES OF BUSINESSES SERVED
* REAP serves microenterprise size
businesses of all types (five or fewer employees)
* Rural startup or existing small
businesses
* Women-owned businesses (REAP Women’s
Business Center)
* Hispanic-owned businesses (REAP
Hispanic Business Center)
* Wide variety of businesses (retail,
service, small manufacturer, etc.)
STAGES OF BUSINESS
* Pre startup and planning stage
* Startup
* Established businesses
FUNDING STYLE
* Loans
FUNDING RANGE:
* $200 - $35,000
APPLICATION REQUIREMENTS
* Collateral to secure loan
* Work with REAP Business Specialist over
life of loan
* Business plan required for loans above
$10,000
* Can demonstrate ability to repay loan
* Requirements vary by loan product,
visit
http://www2.cfra.org/reap/loan_programs.htm for specifics.
RESOURCES PROVIDED
* Training workshops
* Business counseling
* Online Lending System
* REAP Women’s Business Center
* REAP Hispanic Business Center
PROGRAM WEBSITE
http://www.cfra.org/reap