RISE FUND

RISE partners with non-profit organizations, including The Sewing Labs, Determination Inc., KC GIFT, and Pawsperity to bring economic dignity, jobs and opportunity to fledgling entrepreneurs.

We empower clients with funds and resources, like credit-building and restoration tools and training from CHES, Inc., to close the opportunity gap, fuel aspirations and create jobs to build economic security.

RISE microloans include training and support provided by CHES, Inc., loan administration by AltCap, and community support from Plaza Rotary Club.

Credit Building

Mentorship

Low Barrier Access to Credit

Business Model Development

Begin by meeting with a CHES associate to make a financial plan or a personal financial statement.

Small business owners who have questions about the process should contact a Business Development Officer at info@altcap.org or (833) 549-2890.

If you are ready to begin the process, select the Start Application button below and follow the directions to submit Application Part 1.

TERMS

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FEES

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• Ensure your financial statements are up to date, accurate, and clearly reflect an understanding of your business operations.

• Craft a detailed and well-supported plan for how you will use the funds. This should include the projected return on investment, whether through potential revenue growth or operational efficiencies.

• Prioritize building relationships with your lenders by maintaining open communication and demonstrating a track record of reliability — this can significantly enhance your chances of loan approval.

• Explore all your options, whether they involve traditional bank loans, SBA loans, or specialized industry-specific funding programs.

• Maintain liquidity and reduce existing liabilities whenever possible to improve the overall financial health of your business and make it more attractive to lenders.

Applicants will need:

• Proof of license, insurance, and that your business is in good legal standing.

• Schedule of work and payment schedules at underwriting.

• You need to sign an agreement if you are entering into a Technical Assistance partnership.

Personal Documentation

• Two forms of ID (each signer) – One with a picture other with a name only

Business Documentation

• Business Plan (if the business is under one year in operation)

Applicants with existing businesses will also be required to submit (if applicable): tax forms, financial statements, and organizational documents.

Financial Documentation

• Two years of personal tax returns including all schedules and 1099s

• Income Statement, Balance Sheet, and Cash Flow Statement (projections)

• Business Debt Schedule

• Last three months of personal and business bank statements. Startups should provide a business plan and financial projections in lieu of historical financial statements.

Si necesita un préstamo para pequeñas empresas y necesita ayuda en español, comuníquese con Karina Lopez al (833) 549-2890 o karina@altcap.org.

If you have an existing AltCap loan and have questions about your loan terms or if you need to update your information, please contact Viva Young at 816-269-7809 or viva@altcap.org.

If you need to make a payment on your existing AltCap loan, please contact Viva Young at 816-269-7809 or viva@altcap.org.