We are please to provide you with this Loan Application Form for the Micro-Loan Program.  The purpose of the Micro-Loan program is to encourage the creation, expansion and stability of the microenterprise by providing financing and technical assistance referrals.  A microenterprise business is defined as a company having five or fewer employees at the time of application.  The program is sponsored by the City of Lauderhill and the Lauderhill Community Redevelopment Agency (CRA).

Thank you for your interest.  If you have questions, please call the Micro-Loan Program Coordinators at 954-730-3041 or 954-777-2045.

Before you begin filing out this Loan Application Form, please review the questions below.  This will help you move forward as quickly as possible.  PLEASE SUBMIT TWO COPIES OF ALL MATERIALS.

1. Have you read the program guidelines brochure? The brochure will answer some of the basic questions about the operation of the program and help you decide if you want to apply.
2. Are you a new business (less than two years in business)? If so, the Micro-Loan Program may require that you provide a Business Plan and provide verifiable financial reports.
3. Have you completed your Business Plan? If yes, be sure to enclose a copy of the Business Plan with you Loan Application and the information requested in Section IV.
4. If you have not completed your Business Plan complete only Section II of the Loan Application and return the application as soon as possible.  We will provide you with information concerning resources available to you to assist in the preparation of a good business plan.
5. Have you been in business for more than a year?  If so, please enclose at least two (2) years of tax returns, financial statements and your last four quarterly withholding tax submissions with this application.  If three (3) years available, that would be preferable.  Also please include business financial information such as balance sheets, profit and loss statements, and cash flow projections.  If unavailable please explain and forward copies of your business checking account statements for the last six months.