Since inception, part of SMIF’s mission has been to catalyze entrepreneurial activity within our region. We strengthen economic development by supporting local business owners and entrepreneurs through financial investments and technical assistance. We offer a range of services and financial options to empower new and growing business owners. Click here for a recent list of loan and equity investments.
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Connie Lau, Lending Coordinator
SMIF representatives were wonderful to work with. This loan enabled us to take over our local corner grocery store which was slated to close. We’ve kept the focus on local, natural and organic items and try to offer a wide assortment of basic needs items as well.
We didn’t have a ton of collateral to put down for a traditional loan, so this has helped us get the equipment we needed and the payment terms were very simple for us. The loan program has also allowed us to chat with a QuickBooks expert on SMIF’s staff.
SMIF is an equal opportunity lender. Limited Sharia acceptable financing is available.