A business owner applies for a Flex Fund loan on her computer

Small Business Flex Fund

A simple, low-interest loan for Washington’s smallest businesses & nonprofits

Many small businesses and nonprofits in Washington face significant barriers to access the capital they need to develop and expand. This is particularly true for those in low-income parts of the state and businesses and organizations led by women and people of color.

Small Business Flex Fund logo

The Small Business Flex Fund was created to provide access to low-interest loans to those that need it most – smaller, local business and nonprofits who are an essential part of Washington’s goal of an equitable, widespread economic recovery.


Flex Fund offers you:

  • Flexible working capital in the form of low-interest loans up to $150,000.
  • Low-interest rates with 60 to 72-month payment terms.
  • No fees and interest-only payment for the first year.
  • Funds can be used for payroll, utilities, rent, marketing and advertising, supplies, building improvements or repairs or other qualifying business expenses.

Qualifying applicants:

  • Have fewer than 50 employees and annual revenue of less than $3 million.
  • Experienced direct economic hardship due to COVID-19.