HAP plays an important role in maintaining our community’s progress towards economic prosperity. With direct connections to the community, our Economic Prosperity team can help find culturally specific resources & strategies to support entrepreneurial goals.
Our staff help entrepreneurs bring the business ideas into reality by providing assistance ranging from creating business plans to business expansion. We offer small business loans, microloans, business education and technical assistance, and pre- and post-loan services to low-income immigrant and refugee entrepreneurs in the Twin Cities.
HAP offers small business and microloans, business technical assistance, and pre-and post-loan services to our community, specifically low-income immigrant and refugee entrepreneurs in the Twin Cities. Through financial education and training to potential borrowers and individual counseling. HAP works to build immigrants’ financial capacity in a culturally respectful manner through financial education, and small loans to support small business start-ups and expansions.
HAP offers a variety of loans to economically disadvantaged clients from the immigrant and refugee communities who are interested in starting or expanding a business. With direct connections to the community, our staff can help you define a culturally-specific micro-enterprise business management strategy to realize your entrepreneurial goals.
Our program is designed to help you start and/or expand your micro-enterprises and transition towards economic independence, business development, job creation, and community revitalization.
Loan Details:
- Loan amount available: $500-$50,000
- Rates: 6%-8%
- Terms: 12-60 months
Are you ready to start your new business or do you have questions?