Ecosystem Map The Coalition Website

Momentus Capital

Mission based lenders that focus on your whole story, not just the numbers. We don’t say no, we say “tell me more.” We take that extra step to learn about you and your business so we can find you the financing that best matches your goals. We also focus on growing and building starts up and existing early-stage businesses for minorities and communities where lending would be difficult to obtain.

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Contact Information
Arlington, VA
(571) 541-0283 https://cdcloans.com/
Community development financial institutions (CDFIs) are lenders with a mission to provide fair, responsible financing to underserved communities, including low-income neighborhoods and small businesses, that mainstream finance doesn’t traditionally reach.
Locations Served
Districtwide
Maryland
Virginia
Languages
English
Spanish
Lender Interests
Good projection-based start-up deals
Decision Making Process
No
Reasons for reject
High existing debt, lack of cashflow, and derogatory reports on credit
General Information

Darryl Appiah | Loan Officer | (571) 541-0283 | dappiah@cdcloans.com

Advisory Services Offered

Products & Services

Products & Interest Rates

  • Secured term loans
  • Unsecured term loans
  • Unsecured lines of credit: Prime + 4.5-5

Loans Offered

  • Small business loans:
    • $50,001 – $150k
    • $150,001 – $350k
    • greater than $250,001

SBA & Other Products

  • 7(a) loans
  • 504 loans
  • Microloans
Eligibility & Requirements

General Requirements †

  • Personal Credit Score:
    Very flexible
  • Personal Guarantee:
    Yes
  • Business Credit Score:
    SBSS score-150 or the deal must be delegated
  • Collateral:
    No collateral for Community Advantage Loan
  • Number of Months Financial Statements:
    YTD financial statements
  • Annual Revenue:
    Want to see steady cash flow
  • Years in Operation:
    Generating revenue from more than 2-3 years
  • Other:
    Cash flow lenders, no derogatory statements on credit report preferred, business has some liquid or savings to manage any cost overruns

Ineligible Loan Uses ‡

  • High existing debt
  • Lack of cashflow
  • Derogatory reports on credit
  • Trucking industry, marijuana-based industries

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