Detroit Development Fund Small Business Loan

About This Program

Detroit Development Fund (DDF) is a nonprofit CDFI providing small business loans from $5,000 to $200,000 for Detroit-area entrepreneurs. DDF focuses on businesses that cannot access traditional bank financing, with a focus on minority-owned, women-owned, and Detroit neighborhood businesses. Loans can be used for working capital, equipment, inventory, and real estate.

Business loans $5,000–$200,000; competitive rates for qualifying Detroit businesses

Key Details

• Small business loans $5,000–$200,000 for Detroit entrepreneurs
• Focus on minority and women-owned businesses in Detroit neighborhoods
• CDFI loans for businesses that can't access traditional bank financing
• Can be used for working capital, equipment, inventory, and real estate
• Contact Detroit Development Fund: (313) 596-8850

How to Apply

Deadline: Rolling