MICROLENDING
LOCAL
The application is currently open! applications are open until October 18th.
Our mission
We provide capital and specialized
services for businesses with a focus on
championing the dignity of historically
under-resourced, underrepresented, and
marginalized business owners and
entrepreneurs for the common good.
WHO WE ARE
The Local Microlending team is part of the second vertical of Flyer Consulting offering microloans to entrepreneurs in the Greater West Dayton area.
OUR PROGRAM
Microlending Local aims to better our students, small businesses, and the Dayton community through the provision of entrepreneurial mentorship and business development services. Through the creation of the Cultural Capital Microlending Program, our team seeks to enable entrepreneurial growth through the empowerment of small business owners. The ultimate goal of Microlending Local is to provide capital and specialized business services to the historically under-resourced, underrepresented, and marginalized entrepreneurs of Dayton.
OUR PROCESS
APPLYING
All businesses that meet the program criteria can apply. Preference will be given to under-resourced, underrepresented, and marginalized entrepreneurs as well as businesses that support charities, nonprofits, and marginalized communities. While entrepreneurs located in West Dayton Neighborhoods are given preference, everyone is eligible to apply--no matter if you are located in Dayton or not. ​​
REVIEW PROCESS
Flyer Consulting will holistically assess entrepreneurs based on the application, supporting documents, and independent research to evaluate each applicant on the qualities of passion, persistence, and planning. Each applicant will be notified of acceptance or denial within 30 days after the application deadline.
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AFTER LOAN IS RECEIVED
The entrepreneur can reach out to Flyer Consulting to set up a meeting about the needs of their business through a client engagement application. Flyer Consulting offers a variety of support services customized to their clients' needs. Some of these services include marketing, business development, customer relationship management (CRM) systems, and financial wellness.​
FREQUENTLY ASKED QUESTIONS
HOW WILL FLYER CONSULTING DETERMINE HOW LARGE OF A LOAN TO LEND?
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Each applicant will request the amount they wish within the $500 - $15,000 range. However, the final loan amount is determined by the review team based on the project specifications and use of limited funds.​
HOW IS THE APPLICATION ASSESSED?
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The application is assesssed based on the 3 P's: Passion, Persistence, and Planning. More information is available in the Program Overview located above.
Our Partners
