Many small business owners get turned down by banks, but still need capital to start or grow their ventures. LiftFund fills that gap while also providing the coaching and education that can help businesses succeed long-term.
LiftFund is a nonprofit organization established in 1994 that provides small business loans and grants to entrepreneurs. The organization has dispersed over $1.5 billion in capital, created or retained 121,000 jobs, and funded 30,000 small business loans across communities.
LiftFund offers small business loans ranging from $500 to $1 million, designed for entrepreneurs who can't get traditional bank financing. The program includes free business coaching, financial education workshops, and networking events. They work with startups, existing businesses, and nonprofits, with services available in both English and Spanish.