We take the time to get to know you and understand your business.
You don’t need perfect credit or full collateral to be approved.
With a fixed interest rate and low fees, there are no surprises.
NOTE: Businesses owned by entrepreneurs of color may qualify for lower rates and special terms.
Craft3 supports entrepreneurs at every step of the loan application process. Note that obtaining a business loan is a more involved and lengthier process than taking out a home mortgage.
Loans up to $250,000 can be funded as fast as 30 days. Larger loans typically take longer.
A strong business or idea
An entrepreneur with the skills and temperament to succeed
A financing request that makes sense given your business and your financial situation
We support entrepreneurs of all stages of the business journey and offer resources to help you learn, grow, and better understand your financing options.
We hope this business journey worksheet helps you think about your next steps and anticipate potential setbacks.
If you’re interested in starting or expanding a business, you’ll likely encounter lots of terms and acronyms. This glossary will hopefully help you make sense of unfamiliar words and equip you for your business journey.
We want to make the loan process as clear and transparent as possible. Here are some resources to support business preparation and growth.
“Being able to engage in the community I've grown up in, and to be a resource to people who I've known for so long, in a strategic effort to make our shared community better, is what gets me out of bed every morning.”