Small Business Loans

Do you qualify for Emergency Disaster Relief?

Available for 32 South Georgia Counties with no fee to apply.

Requirements:

  • Registered with GA Secretary of State
  • Copy of GA Drivers License
  • Copy of 2023 Taxes (Business & Personal)
  • 600 Credit Score (Personal)
  • Use of Funds Statement
  • 5 Hours ACE Executive Business Consultation during the first 6-months

Apply Online

Deadline: Dec 11, 2024

Disaster Relief Application
Note: This is the county where the business address is located.

Microloans $15,000 to $50,000 Available for All Georgia Businesses

ACE provides 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

  • 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 sam.gov, 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

Use of Funds

Working Capital, Inventory, Equipment, Vehicles

Amount

Up to $50,000 (minimum loan amount $15,000)

Term

Up to 60-months (Monthly P&I)

Rate

7.75% Fixed

Fees

Required one-time application fee of $50, Origination fee of 3%

Collateral

UCC filing on business assets or equipment/vehicles

Guarantors

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

Required Documents

  • 2023 Business Tax Return, all pages (if not filed please provide copy of extension and 2023-year end Balance Sheet and Profit & Loss Statement)
  • 2024 YTD Balance Sheet and Profit & Loss Statement
  • 2023 Personal Tax Return of Owners/Guarantors, all pages (if not filed, please provide copy of extension)
  • Copy of W-2’s
  • Copies of Driver’s Licenses of Owners/Guarantors
  • Personal Financial Statement
  • Operating Agreement, By-laws and/or Corporate Resolution, when applicable
  • DD214, required for Veteran Loan Program

ACE Small Business Loan Rate Flyer_ENGLISH 2024Download
ACE Small Business Loan Rate Flyer_SPANISH 2024Download

Ready to get started?

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

Start Applying Online
Resume an Application
“The bank wouldn’t help me with capital, but ACE would. It was so much more than capital, though. My business quickly went from yellow to green.”

Amia Guild, Owner of Takes A Village Transportation, East Point, GA
“ACE is the only entity I know of that really reaches out to women, minorities, and other underserved entrepreneurs who have a dream and just need a little help achieving it.”

Ceata Lash, Owner, PuffCuff LLC, Marietta, GA

About ACE

ACE | ACCESS TO CAPITAL FOR ENTREPRENEURS is certified as a Community 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 and Cleveland, GA, and ACE Women’s Business Centers in Norcross, GA and Savannah, GA.

For questions about ACE, contact:
Phone: 678-335-5600
E-mail: info@aceloans.org