Loans
About our loans
Unity Fund LLC offers flexible micro-loans ranging from $200 to $2,000, specifically designed to support Black-owned businesses in the DMV (DC, Maryland, Virginia) area. Whether you are launching a new venture or expanding an existing business, our loans provide the capital needed for inventory, equipment, marketing, or working capital. We aim to eliminate the financial barriers that often hinder entrepreneurial growth by offering accessible financing with straightforward terms and no hidden fees. Our goal is to empower business owners with the resources they need to thrive, build sustainable businesses, and contribute to a stronger, more equitable economy in the community.
How to get a loan
Step 1: Fill Out the Application Form
Fill Out the Application Form Start by completing our online application form. This form will ask for basic information about you and your business, such as: Business name and type Loan amount requested Intended use of funds Proof of DMV residency and ownership. Make sure to double-check all your information before submitting to ensure a smooth process.
Step 2: Pre-Screening and Eligibility Review
Once we receive your application, our team will conduct a pre-screening process to confirm your eligibility. During this step, we review:
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Your business’s alignment with our mission of empowering Black-owned businesses
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Supporting documents, such as proof of ownership, DMV residency, and business needs
If additional information is needed, we’ll contact you promptly to ensure everything is in place.
Step 2: Pre-Screening and Eligibility Review
Once we receive your application, our team will conduct a pre-screening process to confirm your eligibility. During this step, we review:
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Your business’s alignment with our mission of empowering Black-owned businesses
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Supporting documents, such as proof of ownership, DMV residency, and business needs
If additional information is needed, we’ll contact you promptly to ensure everything is in place.
Step 3: Loan Terms Discussion
After passing the pre-screening, you’ll move to the loan terms phase. We’ll outline the loan amount, repayment schedule, and terms in a clear and transparent manner. Our team will work with you to ensure the terms are flexible and suitable for your business’s needs. There are no hidden fees—just straightforward terms you can trust.
Step 4: Approval and Loan Disbursement
Once you agree to the terms, your loan application is approved, and funds are disbursed directly to your business account. This typically takes a few business days, so you can start using the funds to support your business growth as quickly as possible.