Business · Funding
ACE Small Business Loans
Offered by ACE
Open year-roundApply anytime. Applications are reviewed as they come in.
About
About This Program
Business loans of $50,001 to $1 million from ACE, a nonprofit lender, for Georgia for-profit businesses at least 2 years old, plus coaching.
Access to Capital for Entrepreneurs (ACE), a nonprofit Community Development Financial Institution, lends $50,001 to $1,000,000 to Georgia-based for-profit businesses that have operated for at least 2 years, for working capital, inventory, equipment, vehicles and real estate, and pairs its loans with business coaching and connections. Loans run up to 84 months, with rates starting at 12.00% fixed (as low as prime plus 1.75% fixed for commercial real estate only), depending on credit. Fees are a $100 application fee, a 2.00% origination fee, and $500 processing and $500 admin fees on closed loans. Loans are secured by a UCC filing on business assets, equipment, vehicles or real estate, and owners of 20% or more must personally guarantee. ACE has offices in Westside Atlanta and Cleveland, Georgia, and Women's Business Centers in Norcross and Savannah. Applying starts with a few qualifying questions online.
Eligibility
Who Can Apply
- Georgia-based for-profit business operating for at least 2 years
- Active Secretary of State filings and organizational documents in good standing
- Acceptable standing in SAM.gov, if registered
- Not a publicly traded company, multilevel marketing, gambling, pyramid, REIT or adult entertainment business
- Owners of 20% or more personally guarantee the loan
Area served: State of Georgia
The offer
What's Offered
- Loans of $50,001 to $1,000,000 for working capital, inventory, equipment, vehicles or real estate
- Up to 84 months to repay
- Business coaching and connections
Amount: $50,001 to $1,000,000; rates from 12.00% fixed
Cost: $100 application fee
Get ready
What You'll Need
- 2023 and 2024 business tax returns, all pages
- 2025 year-to-date balance sheet and profit and loss statement
- 2023 and 2024 personal tax returns for each owner or guarantor, all pages
- Last two months of business bank statements
- Personal financial statement for each owner or guarantor
- Driver's licenses of owners or guarantors, front and back
- Operating agreement, bylaws or corporate resolution, if applicable
- DD214, for the Veteran Loan Program
Key dates
Dates
OpensYear-round
DeadlineRolling
Last reviewedOct 28, 2026
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