The Startup & Mini Advancement Loan (SMAL) is part of Invest PGH’s strategy to promote opportunities for groups who have not had ready access to business financing in the City of Pittsburgh, including minority- and women-owned businesses.

  • We help

    Pre-businesses, start-ups, and existing businesses

    People who have insufficient collateral for a traditional loan

    People with credit history concerns

  • Unfortunately, we are unable to fund multi-level marketing enterprises, real estate purchases, or non-profits.

  • Loan terms

    Minimum loan amount of $5,000

    Maximum loan amount of $30,000

    Fixed interest rate of 3%

  • Fees

    $350 application fee

    Administrative fee of 2% of total Invest PGH loan

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