X

COVID-19 Relief  |  Webinars and Events

Access To Capital

One of the biggest challenges that entrepreneurs face when starting or growing their business is finding the money to do it! Business owners may rely on a number of sources for capital, such as personal savings, friends and family, financing through banks or credit unions, online campaigns, or Angel investors or Venture Capital Investors. In some situations, there is another option….a microloan through Cornerstone Alliance Small Business Services.

SBA Microloan

As a Microloan Intermediary, Cornerstone Small Business Services can provide small business loans to both women and men whose business is located in Berrien, Cass of Van Buren Counties.

SBA Microloans between $500 and $50,000 are available to for-profit businesses in need of small-scale financing for items such as working capital, inventory, machinery or equipment.

Eligibility:

  • Business location must be in either Berrien, Cass, or Van Buren County
  • A Minimum credit score of 525
  • Income that exceeds your personal expenses
  • No outstanding tax liens or delinquencies on child support or federal debt
  • Collateral that will cover the debt
  • Business Plan with projections or two years of business financials.

If you feel that you need support in any of these areas before you apply, we invite you to consider our Business Counseling service and Business Education programming.

If you have additional questions about the microloan program, contact us at This email address is being protected from spambots. You need JavaScript enabled to view it. or call (269) 925-6100.

The Microloan Program is program of the Renaissance Development Fund at Cornerstone Alliance and is funded in part through a cooperative agreement with the U.S. Small Business Administration (SBA). All SBA programs are extended to the public on a non-discriminatory basis. Reasonable accommodations for persons with disabilities will be made requested at least two weeks in advance. Contact Cornerstone Alliance, 80 West Main Street, Benton Harbor, MI 49022.

Cornerstone Alliance is an equal opportunity employer and provider.