City of Atlanta Commercial Loans

Business Loans $50,001 to $250,000

Providing loans to eligible business owners to meet the demands of their growing business is one of our hallmarks.  We do this by delivering Capital, Coaching, and Connections for underserved borrowers and communities that create and retain jobs in our market area.  See loan details below to begin the process. 

Eligible applicants will be asked to provide the required documentation to ACE once an application is submitted.  A decision will be made as quickly as possible.

Loan Eligibility

  • Must be a City of Atlanta resident with a business OR operate a business inside the City of Atlanta
  • Businesses 2+ years in operation
  • Must be a Georgia-based for-profit enterprise
  • Active Secretary of State Filings and Organizational documents in good standing
  • If registered in, must have acceptable standing (registration is not required)
  • Ineligible businesses include publicly traded companies, multilevel marketing, gambling establishments, pyramid investments, real estate investment firms (REITS), and adult entertainment

Ready to get started?

We’ll start with a few questions to see if you qualify.

Use of Funds

Working Capital, Inventory, Equipment, Vehicles, Real Estate


Up to $250,000 (minimum loan amount $50,001)


Up to 60 months (Monthly P&I)


10.00% Fixed (rates may vary based on credit qualifications)


Required one-time application fee of $50, Origination fee of 2.00%
Processing fee of $300, only for loans that are closed


UCC filing on business assets, equipment/vehicles or real estate
Additional collateral may be required.


Individuals with 20% or more ownership in the business will be required to personally guarantee the loan

Required Documents

  • 2021 Business Tax Return, all pages
  • 2022 Business Tax Return, all pages (if not filed please provide copy of extension and 2022-year end Balance Sheet and Profit & Loss Statement)
  • 2023 YTD Balance Sheet and Profit & Loss Statement
  • 2021 Personal Tax Return of Owners/Guarantors, all pages
  • 2022 Personal Tax Return of Owners/Guarantors, all pages (if not filed, please provide copy of extension)
  • Personal Financial Statement on each Owner/Guarantor (Template will be provided)
  • Copy of W-2’s, if applicable
  • Copies of Driver’s Licenses of Owners/Guarantors (front and back)
  • Operating Agreement, By-laws and/or Corporate Resolution, when applicable
  • DD214, required for Veteran Loan Program
“If not for ACE, I would very much still be working at an hourly rate and I would not have impacted hundreds of lives in an entire community.”

Deb Rowe, Owner of Shenanigans Restaurant & Irish Pub and Co-owner of Bourbon Street Grille, Dahlonega, GA
“Instead of just lending me the money and that’s it, ACE helped me with advisory services, which is part of their Capital, Coaching and Connections program.”

Tennille Carter-Paul, Founder & CEO of Atlanta Bookkeeping Solutions, Atlanta, GA

About ACE

Development Financial Institution (CDFI). Our mission is to offer our borrowers the business development resources to create sustainable businesses.

We create jobs, and we save jobs. ACE, as a nonprofit community lender, specializes in small-business loans coupled with business advisory services. ACE has offices in Westside Atlanta, Dalton, Rome, and Cleveland, GA, and an ACE Women’s Business Center in Norcross, GA.

For questions about ACE, contact:
Phone: 678-335-5600