Overview of Loan Program

Small Business Loans

CNIMFG provides credit to small businesses that do not have access to loans from commercial sources. CNIMFG offers loans of up to $25,000 for start-up businesses and $50,000 for established businesses as well as credit builder loans ranging from $500 to $3,500 with terms from 6 to 72 months. Commitment fees may be added to the loan requiring minimum out of pocket expense at the time of closing. Collateral is required for most loans; however, our program allows for flexible options. CNIMFG may also request a cosigner in some cases (Cosigner: A person who does not live in the applicant’s household and is not a principal member of the business. Cosigners must have good credit and the capacity to make the loan payment). CNIMFG does not charge a fee for early payoff of a loan.

To begin the application process, please review a copy of our loan package which can be found by clicking on the following link – Loan Application Checklist. There you may complete and upload your application. One of our loan officers will contact you upon receipt of your application and will follow up with you to speak with you further about your request.