Economic Justice Fund Launches COVID-19 Crisis Loans for Sacramento Micro-businesses
The affordable Economic Justice Personal Loan offers low interest rates, no fees, and free credit building services. Our flexible underwriting means that we often can approve borrowers who may not qualify for loans from other lenders. Loan amounts range from $500 to $35,000, and you can use the money in a variety of ways.
We deposit the funds to your account on the next business day after we approve your loan.
The low rate is fixed for the life of the loan, so your rate and monthly payment never change.
You pay no application fees, servicing fees, or prepayment fees.
Loan terms range from 12 to 60 months. We work with you to determine the term that’s right for you.
You must be a U.S. citizen, permanent resident, or visa holder and must be 18 years old or older. The Economic Justice Personal Loan is currently available only to borrowers in California.
You can borrow from $500 to $35,000 with the Economic Justice Personal Loan.
The interest rate on the Economic Justice Personal Loan is well below what you would pay at traditional banks and most other lenders.
The term will range from 12 to 60 months depending on the type and amount of your loan. We will work with you to determine the term that is appropriate for you.
Economic Justice Fund is a U.S. Treasury Department emerging Community Development Financial Institution. Loans will be made or arranged pursuant to the California Department of Corporations Finance Lenders License #6089475. All loan applications are subject to credit approval. Pricing and terms are subject to change.