Dreams come in all sizes we have loans to match, from $2,600 to $100,000

Opportunity Fund is here to help you get ahead in life. We specialize in providing business loans—from small amounts like a few thousand dollars to a hundred thousand dollars—to small business owners who might not qualify for loans from banks or other lending institutions. Opportunity Fund believes in fast, easy, and affordable capital. We try to make it as easy as possible to qualify, require a minimum of number of forms, and we give you an answer quickly. You’ll get the money very quickly, in as little as 5 days or less. Our loans are straightforward, too. The interest rates are low, the repayment time is comfortable for your cash-flow, and the terms are easy to understand. We never carry any hidden fees or penalties.

We’re here for you

We want to help you succeed. That’s why we offer tools and advice to help you make best financing decision. Our loan officers use tools like our loan calculator and MCA savings to right size the loan you need. And we provide you with a complimentary cash flow analysis to make sure you can comfortably repay your loan and still make enough money to run your business profitably. There’s even automatic credit reporting so you can establish or build a good credit history on your way to building greater financial stability.

Like you, we work hard and do good work

We know your reputation is important to you. We feel the same way about our own. That’s why we work hard to protect it. We’re a co-author and signatory of the Borrower’s Bill of Rights, which was created to protect borrowers like you. And we’re backed by and partner with other reputable firms like Wells Fargo, Bank of America and Lending Club, and are financed by the U.S. Small Business Administration. We’re a non-profit, been in business for more than 20 years, and today we’re one of the largest Community Development Financial Institutions (CDFI) in the country.

EXPRESS

Under $10,000
$
  • Interest rates: 12% interest, 10.6% to 23.5% APR.
  • Terms: Up to 24 months.
  • Qualifications: 1 year in business. No min. FICO. On-time payment history, no liens or delinquencies.
  • Documentation: Proof of business, and personal ID. No credit OK.
  • Funds Available: As few as 2 days.
  • Fees: $75 for loans from $2,600 to $4,999. 5% loan funding fee for loans $5,001 to $10,000.
  • Collateral: May be required.
  • Pre-Payment Penalty: None.
  • Payments: N/A.
  • Download PDF
  • APPLY

MICRO

Up to $20,000
$
  • Interest rates: Starting at  12%, 13.4% to 23.5% APR.
  • Terms: Up to 36 months.
  • Qualifications: 1 year in business. No min. FICO. On-time payment history, no liens or delinquencies.
  • Documentation: Bank statements and personal ID.
  • Funds Available: 5 days on average.
  • Fees: $75 for loans $2,600 to $4,999. 5% loan funding fee for loans $5,001 to $20,000.
  • Collateral: Vehicle may be required.
  • Pre-Payment Penalty: None.
  • Payments: N/A.
  •  Download PDF
  • APPLY

EQUIPMENT / VEHICLE

$2,600 - $100,000
$
  • Interest rates: 9.5% to 12% interest 11.6% to 14.9% APR.
  • Terms:  24 to 60 months.
  • Qualifications: 1 year in business. On-time payment history, no liens or delinquencies.
  • Documentation: Bank statements, tax returns, and personal ID.
  • Funds Available: 5 days on average.
  • Fees: 5% for loans over $30,000.  20% - 30% down payment.
  • Collateral: OF holds the title of the asset financed.
  • Pre-Payment Penalty: None.
  • Payments: N/A.
  • Download PDF
  • APPLY

EASY PAY

$5,000 - $100,000
$
  • Interest rates: 8.5% to 15% interest rates, 10.6% to 21.5% APR.
  • Terms:  Up to 60 months.
  • Qualifications: 1 year in business. On-time payment history, no liens  or delinquencies.
  • Documentation: Recent tax returns. Bank and merchant statements. Copy of MCA agreement.
  • Funds Available: 5 days on average.
  • Fees: 5% loan funding fee.
  • Collateral: May be required.
  • Pre-Payment Penalty: None.
  • Payments: Typically less than 10% of your monthly credit card receipts.
  • Download PDF
  • APPLY

SMALL BUSINESS

$20,000 – $100,000
$
  • Interest rates: 8.5% to 12% interest rate, 10.6% to 13.1% APR.
  • Terms:  Up to 60 months.
  • Qualifications: 1 year in business. On-time payment history, no liens or delinquencies.
  • Documentation: Bank statements, tax returns, and personal ID. No credit OK.
  • Funds Available: 5 days on average.
  • Fees: 5% loan funding fee.
  • Collateral: May be required.
  • Pre-Payment Penalty: None.
  • Payments: N/A.
  • Download PDF
  • APPLY

MOBILE FOOD TRUCKS

$10,000 - $100,000
$
  • Interest Rates:9.5%-12% interest rate
    11.6-14.9% APR.
  • Terms:Up to 60 months.
  • Qualifications:On-time payment history, no liens or delinquencies.
  • Documentation:Bank statements, personal ID. No credit OK.
  • Funds Available:5 days on average fro the time the vehicle is available.
  • Fees: 5% loan funding fee.
  • Collateral: Vehicle. 20% down payment.
  • Pre-Payment Penalty: None.
  • Payments: N/A.
  • Download PDF
  • APPLY

To get started, or for more information about how you can receive one of our small business loans, call us at 866-299-8173, or email us at loans@opportunityfund.org

Save money while you make money with Merchant Services

As a non-profit organization, our mission is to help small business owners like you succeed. That is why we offer the best pricing and service for the money. We typically meet or beat your best existing merchant services rates.

  • Effective Rates as low as 2.5% on your merchant credit card processing
  • Standard Offering is Interchange + .15% and .15/per transaction
  • Just one $20 monthly fee – no monthly minimum
  • No hidden fees ever – no application, set-up, installation or equipment lease fees

Our basic series are anything but. They include everything you need to accept EMV and traditional credit cards.

  • Latest, most secure EMV enabled credit card readers – VX520 or FD130
  • Monthly consolidated billing
  • Chargeback handling
  • Comprehensive 24/7 customer support (provided by First Data)
  • Next day funding for transactions processed by 4 p.m. PST.

You’ll get great service, too. Installations are fast – typically done by our local teams in about an hour – to get you up and running quickly so you won’t miss a single sale. And our merchant services are backed by First Data, the largest payment processor in the U.S., so they’ll always be someone to answer your payment transaction questions. Call us today at 866-299-8173 to get started.

How to Pay

Choose the payment option that’s right for you. Call us with your questions at 1-866-299-8173 or email us at sbhelp@opportunityfund.org.

  1. Automatic Payment
    You can set up automatic payment by calling us at 1-866-299-8173, Option 2. You decide the day of the month you’d like to pay.
  2. PayNearMe 
    With a PayNearMe account you can make your loan payments at any participating Family Dollar Store, Ace Cash Express, or 7-Eleven. It’s fast, safe and secure. Please call us at 1-866-299-8173, and choose Option 2 to get started.
  3. Pay by Mail
    Mail your check, money order or cashier’s check to our main office at 111 W. Saint John Street, Suite 800, San Jose, CA 95113. We mail monthly statements weekly reminding you of your payment date and amount. You must make a payment every month. A late fee will be charged if payment has not been received.

Stay in Touch

Please contact us when:

  • You move your business OR your contact information changes
  • You cannot or will be late making your monthly loan payment
  • You change the insurance provider for your business
  • You plan to sell a significant business asset (machinery, vehicle, etc.) or the whole business
  • You need any help understanding financing or need some technical assistance

Borrower Bill of Rights & Transparency Statement

The Small Business Borrowers’ Bill of Rights (BBoR) is the first-ever consensus on responsible small business lending practices. The six rights are:

  1. The Right to Transparent Pricing and Terms, including a right to see an annualized interest rate and all fees
  2. The Right to Non-Abusive Products, so that borrowers don’t get trapped in a vicious cycle of expensive re-borrowing
  3. The Right to Responsible Underwriting, so that borrowers are not placed in loans they are unable to repay
  4. The Right to Fair Treatment from Brokers, so that borrowers are not steered into the most expensive loans
  5. The Right to Inclusive Credit Access, without discrimination
  6. The Right to Fair Collection Practices, to prevent harassment and unfair treatment

bill-of-rights
See more at: http://www.opportunityfund.org/media/blog/small-business-borrowers-bill-of-rights/

 

Borrower Stories

$15,000 Vehicle Loan

Mosaic TransportationMaurice from Mosaic Transportation
Redwood City, California

$100,000Loan

owner_lanaLana and Dave from Outerlands Café
San Francisco, California

$1,000 Easy Pay Loan

owner_pacoAna from Paco Collars
Berkeley, California

$15,000 Loan

owner_oliviaOlivia from Salt & Honey
Berkeley, California

$10,000 Loan

owner_emiliaEmilia from La Placita Commercial Kitchen
Oakland, California.

Opportunity Fund. Working Capital for Working People. opportunityfund.org