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Loan Programs

We have loan funds available from federal and local sources, which means we can match borrowers to the best loan to suit their needs with terms often better than a traditional loan. We provide loans of all sizes, from $5,000 microloans to commercial loans of up to $250,000 and more, to loans for commercial property up to $5 million. As a nonprofit lender, we prioritize leveraging capital to help foster growth in businesses and communities. 

Small Business Loans We Finance

If your project does not fit within one of these categories, we may have options for you. 
If you have a Commercial or Community Development project, reach out to us for more information.

Apply for a Loan

Guiding You Through Every Step of Your Loan Journey
Questions? Our FAQ can help.
Step 1: Submit Pre Application

For most business owners, the catalyst for considering a loan starts with a dream to start, expand, or scale your business. But the process of getting a loan can be daunting! In our free consultation, one of our loan officers will ask you about your business dreams and share more about what opportunities might be available for you. Even if you aren’t ready to apply, this consultation can be a great next step to find out if you're a good loan candidate and what you need to qualify.

Step 2: Loan Officer will Verify General Eligibility

Before applying, gather information and documentation for your business such as: •Business Plan for new businesses or expansions. •Personal Financial Statement Information for all owners •Income and expense projections. •3 years of personal and business tax returns, if applicable.

Step 3: Fill Out Full Application

When you’re ready, you can apply on our secure online portal. The full application requires all forms completed and docs uploaded including but not limited to: • Business Plan for new businesses or expansions • Personal Financial Statement information for all owners • Income and Expense Projections • 3 years of personal and business tax returns, if applicable (Talk to your loan officer if something doesn't apply to your business.)

Simple steps, straightforward support — that’s the North Edge way.

Need help with any of the loan documentation or creating a business plan?

We have partners in Humboldt, Del Norte, Mendocino/Lake, and Siskiyou Counties ready to assist you!
North Coast SBDC

317 3rd Street, Ste. 12

Eureka, CA 95501

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(707) 445-9720

Loans for Community Development Projects

When community development projects are larger than what we can fund on our own, we partner with organizations who are also committed to investing in our communities, such as the Headwaters Fund of Humboldt County, Humboldt Area Foundation, and Redwood Region Economic Development Commission. 

 

With support from our partners, North Edge has funded over $8 million in community development projects. Those projects have included the Open Door Community Health Center, Arcata Fire Department, the Jefferson Project, the Sequoia Park Zoo Foundation, Northern California Indian Development Council's Carson Block Building Restoration and the Eureka Rescue Mission. 

 

Are you interested in a loan for your community development project?

The Redwood Skywalk at the Sequoia Park Zoo, featuring elevated walkways among tall redwood trees. The walkways are supported by wooden and metal structures, allowing visitors to explore the forest canopy. The lush greenery and towering trees create a serene, immersive natural setting.

Loan Readiness Resources

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The owner of Fringe & Folly Salon standing inside the salon, smiling, with the salon's logo visible on the door in the background.

SBA 504 Loans

Current Rates

25-year loan: 5.765%

20-year loan: 5.833%

10-year loan: 5.875%

The Small Business Administration (SBA) 504 loan program helps businesses grow and encourages job creation by providing long-term, fixed-rate financing up to $5.5 million. As a Community Development Financial Institution (CDFI), North Edge partners with the SBA to support small businesses and entrepreneurs in obtaining the critical funding needed for investments such as commercial property and major fixed assets. 

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By partnering with a second financial institution, an SBA 504 loan allows borrowers to get the loan with only 10% down. 

Uses for 504 Loans

  • Purchase existing buildings or land 

  • Construction of new facilities 

  • Long-term machinery and equipment with a remaining life span of 10 years (minimum), including project-related AI-supported equipment or machinery for manufacturing products

  • Improvement or Modernization of: 

    • Land, streets, utilities, parking lots and landscaping 

    • Existing facilities

North Edge will guide you through the loan process, from assessing eligibility to finalizing the application. Let’s get started.

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