CREATE CAPITAL FUND
A SOLUTION TO
capital access
IN WICHITA, KANSAS
access to capital shortfalls exist for
startup entrepreneurs.
The Create Capital Fund offers a new approach to business lending.
how it works
Through the use of private dollars, we’re able to broaden the criteria to offer
short-term microloans in the amounts of $2,500 to $25,000 to qualified business owners, who may not otherwise qualify for traditional lending, to grow their businesses while also improving their financial profile.
Business owners who qualify may use the funds to purchase inventory, equipment, materials and other supplies necessary to grow their enterprises.
APPLICATION CRITERIA
To be considered, businesses must:
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Be legally-structured for-profit entities as defined by the Kansas Secretary of State’s Office
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Be in business for at least six months prior to application
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Be socially and/or economically disadvantaged, as described the U.S. Small Business Administration
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Be located within the Wichita City limits as described by the City of Wichita, particularly within zip code 67214
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Be free from bankruptcies within the past seven years
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Possess a credit score of at least 540
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Must be free from delinquencies for at least six months prior to application
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Agree to receive business development assistance through the Create Campaign or participating partner (i.e. Kansas Small Business Development Center, SCORE Mentors, NetWork Kansas, the Center for Entrepreneurship at Wichita State University, etc.)
APPLICATION & DOCUMENTS
Application, document checklist and business summary template
Electronic documents - Please click on the filenames below to access each document
(remember to refer to the Document Checklist on the application to ensure you're
submitting a complete application)
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Cash Flow template - provided by SCORE
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Balance Sheet (projected) - provided by SCORE
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Profit and Loss Statement - provided by SCORE
Application and other fees apply. See application for details.
SECURE DOCUMENT UPLOAD
ABOUT
the fund
The Create Capital Fund is a partnership between Create Campaign, Inc. and the Bravely Onward Fund
at the Wichita Community Foundation
LEAD CONTRIBUTORS
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contribute
The Create Capital Fund is seeking contributions to help grow our revolving loan fund to $250,000. Contributions will be matched for maximum impact. The Create Capital Fund is an initiative of Create Campaign, Inc., a 501c3 tax-exempt non-profit, which is helping urban entrepreneurs in Kansas to launch, innovate and excel.
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For contribution inquiries, please contact us.
