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The New Markets Loan (NML) is a product used to offer credit to for-profit and nonprofit businesses in low-income communities and provides businesses access to financing for economic development projects. This is a two-stage application process: compliance and credit applications. Compliance applications are submitted first. If applications comply with program policies, a credit application will be invited. All application submissions will be accepted in an open-window basis. Applications are reviewed and approved by the Finance Fund's Community Loan Fund Committee. To review the New Markets Loan policy and guidelines click here. Unfortunately, we are unable to accept New Markets Loan applications online at this time. To apply, please click here for a Compliance Application, complete it in full, and mail it to us for consideration. Potential applicants are encouraged to contact our Chief Program Officer, Jon Moorehead: jmoorehead@financefund.org to discuss the project and the availability of funding prior to submitting an application.
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