Minority-Owned Business Funding

In 2018, 8 million businesses in the USA were minority-owned. No matter what industry your business is in, you can surpass your competition and grow your minority-owned business with up to $500,000 in working capital from Greenbox Capital® in as little as 24 hours.

Fast Minority Small Business Loans

Lack of working capital and limited cash flow are the most common challenges reported by minority-owned businesses. Sometimes your business needs an infusion of working capital to meet the challenges of your industry, outshine your competition, and seize opportunities to grow or expand, but many minority-owned businesses have trouble getting the funding they need from traditional lenders. If funding from a traditional lender is approved, it is often for lower amounts with higher interest and shorter terms. 

As an alternative lender, Greenbox Capital’s application requirements differ from those of a traditional lender. With our streamlined application and approval process, we can approve more minority small business loans, often in as little as one business day. We offer a number of funding options, with funding from as low as $3,000 up to $500,000.

Minority-Owned Businesses Funding Solutions

We provide a number of different types of small business minority loans, with funding ranging from $3,000 to $500,000. Our expert Funding Advisors will work closely with you to understand the needs of your business so you can select the funding option that will help you reach your goals without compromising your cash flow.

Merchant Cash Advance

You’ll receive working capital now, and we’ll receive a percentage of your daily or weekly credit card sales until the terms of the advance have been met. Ideal for businesses with a high volume of credit card sales.

Merchant Cash Advance

Small Business Loan

Our business capital loans are typically between $20,000 and $60,000, but start as low as $3,000 and reach as high as $500,000 depending on the needs of your business. Ideal for businesses seeking short-term financing to grow.

Small Business Loan

Collateral Loan

A secured loan that uses commercial real estate to reduce the cost of the loan. With a secured loan, small business owners can often qualify for more funding or better terms. Ideal for businesses looking for longer-term funding options.

Collateral Loan

Business Line of Credit

Borrow as much or as little as you need without the obligations of a fixed term loan. Draw and repay as you go and pay interest only on the portion of money you borrow. Ideal for businesses looking for flexible funding.

Business Line of Credit

Invoice Factoring

Sell us your pending invoices in exchange for the net amount in cash. You’ll receive the balance of the invoices’ value when we receive payment (minus our fee). Ideal for businesses with long accounts receivable periods.

Invoice Factoring

Will Your Business Qualify?

Approval for minority-owned small business loans from Greenbox Capital isn’t based on your credit score alone. Instead, we focus on the overall health of your business. Here are some factors we consider:

  • Business revenue
  • Cash flow
  • Vendor payment history
  • Years in business
  • Public records

How To Use Minority Small Business Loans

We believe small business owners are in the best position to determine how to grow their businesses, so we don’t restrict how you use your funds. You can use your working capital loan to overcome the obstacles your business faces, such as keeping up with industry trends or standing out from your competition, or use your funding to take advantage of opportunities to improve or expand, such as: 

  • Upgrading technology or renovating your space
  • Getting better volume pricing on inventory
  • Expanding to a new location
  • Investing in marketing and advertising to boost your clientele

How Minority Small Business Loans Work

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    Submit your 1-page application

    After you submit your application, a Funding Advisor will reach out to you within 1 hour (during regular business hours) to discuss your options.

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    Choose your funding

    Your Funding Advisor will work closely with you to determine which small business funding option will help you achieve your goals without compromising cash flow.

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    Get funded

    Once you and your Funding Advisor determine what funding option will work best for your business, your funding can be approved and deposited within 24 hours.

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    Repay your funding

    Repayment terms will depend on what kind of small business working capital loan you use. Terms are set in advance so you know what to expect and can plan accordingly.

Why Get Funded by Greenbox Capital?

When you apply for small business funding from a traditional lender like a bank, you’ll have to complete a long application and supply up to a year’s worth of detailed financial records. The process can take months with no guarantee of approval. With our streamlined application and approval process, you can get funded in just 24 hours. 

Because we are an alternative lender, Greenbox Capital is able to approve more small business minority loans. As a Small Entity Representative for the Consumer Financial Protection Bureau (CFPB) panel responsible for amending the Equal Credit Opportunity Act, we are committed to protecting and empowering minority-owned businesses. We will never over-leverage your business by giving you more funding than you can manage, and if you have any questions along the way, our dedicated and knowledgeable Funding Advisors will be standing to help.