Lending Power | Loan Programs & Leadership for small business


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Microloan Basics Video

SBA MicroLoans up to $50,000

CIC’s leadership and loan expertise enables borrowers in Connecticut and Rhode Island to access capital to start a small business or to expand their current one. An SBA MicroLoan is a good option (and many times the only option) for entrepreneurs who are not quite ready for traditional bank financing.

From planning stages to the grand opening, see how CIC provides borrowers the opportunity and guidance they need to succeed.

Childcare MicroLoans up to $25,000

A borrower opening or expanding a childcare business in Connecticut can apply for our specialized Childcare MicroLoan Program.  This program is available thanks to our unique partnership with Connecticut Health & Educational Facilities Authority (CHEFA) and can be combined with a standard SBA Microloan for a total financing package of up to $50,000.


A MicroLoan is flexible, and can be used for many start-up and expansion expenses, including:

  • Equipment
  • Working capital
  • Insurance premiums
  • Marketing programs
  • Inventory*

* Not eligible use of funds in the Childcare MicroLoan Program.



Four basic steps to the microloan process

CIC is an economic development lender contributing financial expertise and practical guidance to small business entrepreneurs in Connecticut and Rhode Island who have powerful ideas and need more power to grow them.