Ecosystem Map The Coalition Website

DC Department of Small and Local Business Development

Department of Small and Local Business Development’s (DSLBD) District Capitalized program meets DC businesses where they are. We help DC businesses and residents at all business stages access the financing (I.e., grants, loans and rebates), training and coaching they need to open and grow their business in the District of Columbia.

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Contact Information
No branches in DC
(202) 727-3900 https://dslbd.dc.gov/districtcapitalized
Locations Served
Districtwide
Languages
Amharic
Chinese (Mandarin, Cantonese)
English
French
Korean
Spanish
Vietnamese
Other
Lender Interests
Startup, expansion, pivoting, contract-bridge financing. Kiva and other DSLBD-supported lending could be used for commercial property acquisition of they are part of a capital stack.
Decision Making Process
Decisions are made locally through contracted partners.
Reasons for reject
Credit, incomplete/inadequate financial documents, request amount not aligned with repayment ability
General Information

Camille Nixon | Project Manager, Access to Capital | (202) 727-3900 | inno.ed@dc.gov

Advisory Services Offered

Products & Services

Products & Interest Rates

  • Other: 0% for crowdfunding via Kiva; interest rates vary for partner lenders with which we work

Loans Offered

  • Small business microloans
    • under $5k
    • $5,001 – $50k

 

Eligibility & Requirements

General Requirements †

  • Personal Credit Score:
    For Kiva, none; for lending partners, if varies
  • Business Credit Score:
    For Kiva, none; for lending partners, if varies
  • Personal Guarantee:
    No
  • Collateral:
    None
  • Number of Months Financial Statements:
    For Kiva, none; for lending partners, if varies
  • Years in Operation:
    None, businesses at concept (pre-licensing stage) though established may apply
  • Annual Revenue:
    For Kiva, none; for lending partners, it varies.
  • Other:
    Verified DC-based business or DC resident exploring starting a business in DC

Ineligible Loan Uses ‡

  • Credit, incomplete/inadequate financial documents
  • Request amount not aligned with repayment ability for Kiva products
  • Cannabis, tobacco, and resellers
  • For other DSLBD-supported products, the requirements vary by our lending partners

† Note: These are generally required
‡ Items, industries, and/or purposes that are not eligible for financing