The Lending Department
Since its inception in 1995, BiGAUSTIN has been committed to meeting the unique financial needs of new and existing entrepreneurs.
As a locally established, non-profit micro-lender, BiGAUSTIN provides loan applicants with a streamlined process resulting in a quick loan decision.
BiGAUSTIN is certified by the U.S. Department of Treasury as a Community Development Financial Institution (CDFI).
All loans require collateral.
The loan amounts we give differ:
Start-Up Business (min 3 months of operation): up to $15,000
Existing Business (min 1 year of operation): up to $50,000
A Couple Things You Need to Know.
Our terms are 1 - 6 years for the payback period and loan clients are able to pay the minimal direct costs associated with their loan processing.