Doing Business > Programs > Financial Assistance > MELP Loan

Getting Started

Business Incentives

Programs

Business Development

Certification & Registrations

Business Resources

Notice For Bid

Financial Assistance

Micro-Enterprise Lending Program
Micro-Enterprise Lending Program (MELP) was set up to provide financing for micro-businesses. Collateralized loans can be made in amounts varying from $2,500 to $7,500 for new businesses (see loan documents for more detailed information on additional requirements).

Minimum requirements:

• Self-employed individuals, home-based businesses, cottage industries and small retail or wholesale businesses
• Employ less than five persons
• Have good credit history
• Not be in violation of the Navajo Business Procurement Act or Navajo Nation laws
• Provide 10% equity for each loan

Download

MELP Loan application and guidelines
BIDF Loan application and guidelines

** The Small Business Development Department handles this loan. Bring completed application and requirements to your local Small Business Regional Business Development Office (RBDO) or technical assistance representative for further assistance.

Top ^