Wooruwi Business Program

Loan product for small businesses

Wooruwi Business Program

The Wooruwi Business Program is available to all Native American Entrepreneurs in the state of Wisconsin. Whether you’re a start-up, developing your business or expanding your business, we have something for everyone. Ask about how you may be eligible for up to 50% forgiveness on your business loan when you complete your technical assistance plan with First Nations Community Financial.

The Wooruwi Business Loan designed for business start-up and expansion, working capital, or equipment. The lending amount is $3,000 – $35,000. The terms are 12 – 60 months with interest rates between 4%- 7.5% and a loan fee of $250. This loan can cover up to 95% of business collateral with FNCF taking first lien position on all business assets. Credit checks will be done on all with 2o% or more ownership. Financial coaching with a loan officer is a requirement for receiving this loan. Please note that for start-ups, completeing our Indianprenuership class is required for this loan.

First Nations Community Financial has elected to utilize the funds to help tribal members gain access to capital for their business regardless of which stage they are in.

This may include: