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Business Kick-Start
Credit Building Loan

Entrepreneurs embarking on the journey of launching their small business will have the opportunity to apply for small dollar loan to help your business build credit rapport.

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Borrowers will receive one-on-one financial coaching education that will help to strengthen their financial practices. 

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Required Documents for Loan:

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  • A valid Government-issued photo ID

  • One-page business plan (Download Below)

  • One to three months of personal bank
    statements and business bank statements
    (if applicable)

  • Articles of Incorporation or Articles of
    Organization (if applicable)

  • Present a clear scope of how the loan funds will be utilized

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Eligibility Criteria:

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  • Be a DC resident 

  • Be of 18 years of age

  • Must be able to provide proof of ability to repay the loan

  • Must be legally able to register a business in the District of Columbia

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Benefits of the Program:

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  • Borrowers will have access to CAAB’s wrap-around services such as financialempowerment workshops and financial coaching.

  • If unbanked, CAAB can assist the applicant in establishing a bank account with a financial institution.

  • Payments will be reported to the credit bureaus, creating a positive credit history that can help to establish a credit score.

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Business Page Template

Address

CAAB Office
1100 15th St, NW, 4th Floor
Washington, DC 20005

Contact

(202) 419-1440
info@caab.org

Business Hours

Monday - Friday 9 am to 4 pm,
except District holidays

© 2027 by Capital Area Asset Builders All rights reserved.

The information provided on this website is for informational purposes only. The information does not take your specific situation into account and should not be relied upon for tax decisions. Our website does not provide legal or tax advice. You should consult a lawyer or accountant for any questions relating to your specific situation.

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