✔ Registered business
✔ At least 12 months in operation
✔ Min. business income of $30,000 annually, or $2,500 per month
✔ No collateral required*
Complete our online application with basic information. Expect a prequalification response within 72 hours.
Share certain documents and allow us to review your cash flow digitally. All this helps us evaluate your loan eligibility.
We'll send a final offer for you to review. If you accept, we'll transfer the funds directly into your bank account.
Join 9,000+ people choosing Camino Financial
Small business loans for minorities are specialized financial products designed to support entrepreneurs from minority groups that are often underbanked. These loans aim to address the challenges and disparities faced by these communities in accessing capital.
Minority groups often include: - African Americans - Hispanic or Latinos - Asian Americans - Native Americans - Women - Veterans
In the United States, a business is recognized as minority-owned if it meets certain criteria, which are primarily centered around ownership and control. The business must be at least 51% owned by individuals from recognized minority groups. Additionally, these minority owners must play a central role in the daily management and decision-making processes of the company.
A Guide To Minority Business LoansRead more
An In-Depth Guide To Latino And Hispanic Small Business LoansRead more
Best Small Business Loans For Women: Financing Guide For Female EntrepreneursRead more
Funding For Black Owned Businesses: Everything You Need to KnowRead more
Small Business Loans For Black Women: Best Financing Options And AlternativesRead more
*A personal guarantee and a UCC filing may be required at closing. **ITIN is only accepted for people that don’t have an SSN.