Invoice Bazaar Blog

SBFF announces low-interest loans for Washington-based small businesses

By Invoice Bazaar | December 25, 2022

The Small Business Flex Fund (SBFF) has invited applications for its low-interest loan program from small businesses and non-profit organizations located across Washington state in the United States. Eligible entities can borrow up to US$150,000 for financing supplies, utilities and rent, marketing and advertising, payroll, repairs, and improvements. The interest rates range from 3% to 4%, while 60 months is the repayment period. There are no fees or interest during the first year. Businesses and non-profit organizations having less than 50 employees and an annual revenue lower than US$3 million can apply for loans under the program.

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