How do I know if I would qualify?
The only way to be sure is to apply. Our basic requirements are:
- You must be 18 years of age
- Your business must be based in N.C.
- Your business should not be involved in adult entertainment, multi-level marketing, real estate speculation, lending, or gambling
- You should have no unsettled public judgment, bankruptcy, delinquent taxes, and delinquent student loans unless they are on an active payment plan
- Anyone who owns more than 20 percent of the business must sign on the loan
- Business must be for-profit
And, of course, you need to have a sound business idea