Small Business FlexFund
The Small Business Flex Fund is a new resource to help you grow your business.
The pandemic has impacted all of our communities, but it has been especially hard on Washington’s smallest businesses and nonprofits. The Small Business FlexFund, launched by the Department of Commerce late last month, helps small businesses and nonprofits bounce back. The fund provides access to flexible working capital loans up to $150,000 at a competitive interest rate with 60- or 72-month repayment timelines.
Funds can be spent flexibly, including on payroll, utilities and rent, supplies, marketing and advertising, building improvements or repairs, and other business expenses.