Contact Advocap, Inc
- Address
- 19 W. First Street, PO Box 1108 Fond du Lac, WI 54936
- Phone
- 920-922-7760
- Website
- advocap.org
Where they lend
Advocap, Inc is an SBA-approved microloan intermediary serving Wisconsin.
What an SBA microloan is
The SBA does not lend directly. It funds intermediaries like Advocap, Inc, who lend up to $50,000 to small businesses and start-ups that banks usually turn down. The average loan is around $13,000, terms run up to seven years, and decisions rest with the intermediary rather than the SBA.
Almost every intermediary asks for the same things: a written business plan, financial projections, what the money is for, and your credit history. The plan is where most applications stall.
Before you apply
Advocap, Inc will ask for a business plan with your application. We write SBA-ready plans built for microloan applications, with the financial projections lenders expect.
