Empowering Your Business
Community-Driven
Unlock your potential and contribute to a thriving, inclusive Arizona with our community-driven loan programs. Whether you’re an aspiring entrepreneur or a nonprofit looking to expand your impact, Kiva, the BIPOC Loan Fund, and Growth Partners Arizona’s SPARK program are here to empower your journey. These initiatives are tailored to support local entrepreneurs by offering accessible financing and support to help you bring your dreams to life.
The Kiva Loan Program empowers global entrepreneurs through microloans, offering financial support to underserved communities for business growth, fostering economic development, and enhancing livelihoods with a focus on social impact.
- Amount: Up to $15,000
- Terms: 3 Years 0% Interest and No Fees
The BIPOC Loan Fund provides accessible, low-interest financial support to Black, Indigenous, and People of Color entrepreneurs, fostering economic empowerment and closing the racial wealth gap through community-focused lending initiatives.
- Amount: Up to $10,000
- Terms: 5 Years 0% Interest and No Fees
The SPARK program by Growth Partners Arizona offers flexible loans and technical assistance to Avondale-based small businesses. This character-based loan program is designed to empower local entrepreneurs in achieving their business goals.
- Amount: Up to $35,000
- Terms: 5 Years 8.5% Interest and 3% Commitment Fee
Fuel Your Business Growth
Mission-Focused
Elevate your business with our specialized loan programs, designed for ambitious small business owners eager to scale and grow. We understand the unique challenges and opportunities you face on your path to expansion. That’s why our loan programs are more than just financial support—they’re a partnership aimed at preparing you for the broader horizons of traditional bank financing in the future. We’re committed to walking alongside you, offering the capital and guidance needed to transition smoothly to larger-scale funding opportunities when you’re ready. Your success story is our mission, and we’re here to help you write the next chapter. Join us, and let’s turn your dreams into reality, making an impact that resonates far and wide.
Microloans
$15,000 - $50,000
Up to 5 Years
- Business Growth and Expansion
- Equipment Purchases
- Long-Term Working Capital
- Business plan
- Been in operations for one year
- Generating revenue.
- Registered and certified as in Good Standing with the State of Arizona.
- Arizona-based
- Business plan
- Completed GPAz Loan Application and $100 application fee.
- Company year-to-date balance sheet and profit & loss statement.
- Company debt schedule (as of the YTD financial statement) (form provided).
- Projected profit & loss statement for the coming year.
- Personal financial statement dated within 45 days of application for anyone owning 20% or more of the company (form provided).
- Two years of personal federal income tax returns for anyone owning 20% or more of the company.
- $15,000 – $50,000 loan range.
- Terms from six months to five years (loan amortization may be longer).
- 9.25% interest rate + 3% fee (fixed for entire term)
- No prepayment penalty
- $100 application fee; other fees may apply
Business Loans
$50,000 to $150,000
Up to 5 Years
- Business growth and expansion
- Equipment purchases
- Long-term working capital
- Tenant improvements and property renovations
- Consolidation of more expensive debt
GPAz will consider loans to businesses that have at least two tax years of operation with annual revenues of at least $50,000.
The business must also:
- Do business in Arizona.
- Be registered, and certified as in Good Standing, with the State of Arizona Office of the Corporation Commission.
- Qualifying FICO Score.
- Note: preference will be given to businesses and/or owners located in a CDFI Investment Area.
To ensure a smooth process please be prepared to submit the following documents:
- Completed GPAz Loan Application and $100 application fee.
- Two years of company federal tax returns.
- Two years of historical company financial statements (balance sheets and profit & loss statements).
- Company year-to-date balance sheet and profit & loss statement.
- Company debt schedule (as of the YTD financial statement) (form provided).
- Projected profit & loss statement for the coming year.
- Personal financial statement dated within 45 days of application for anyone owning 20% or more of the company (form provided).
- Two years of personal federal income tax returns for anyone owning 20% or more of the company.
- $10,000 – $150,000 loan range.
- Terms from six months to five years (loan amortization may be longer).
- 9.25% interest rate + 3% fee (fixed for entire term)
- No prepayment penalty
- $100 application fee; other fees may apply
Veteran Loans
$50,000 - $150,000
Up to 5 Years
Resources to Help You Prepare
Why Growth Partners Arizona
Custom Solutions Just for You: At Growth Partners Arizona, we understand that your business is unique. That’s why we craft loan products and financial solutions specifically to fit your needs, helping you flourish and overcome market challenges.
More Than Money: With GPAz, it’s not just about the loan. We’re your partners in growth, offering hands-on technical support, expert business advice, and valuable educational resources to fuel your journey towards long-term success.
Building Stronger Communities Together: Partner with us and be part of a movement that’s all about uplifting Arizona’s economy. GPAz is dedicated to the prosperity of local small businesses and the communities they serve, driving job creation and fostering a vibrant, inclusive future for everyone.