ARTcap Microloans
for Creatives

ARTcap helps artists and creatives in Kansas, Missouri, and Texas to access loans from $1,000 to $20,000 to start up, operate, or grow a business.

Larger loans are also available — learn more here.

This microloan is available to sole proprietors, LLCs, and corporations at any stage of growth that are located in Kansas, Missouri or Texas.

It can be used for supplies, new equipment, space improvements, marketing, payroll, and more.

No collateral is required. Credit scores of 600 and higher will be considered, and lending decisions can be made within 5–7 business days after all application documents are received.

Larger loans are also available — learn more here.

Anyone seeking technical assistance (i.e. business coaching, business development opportunities) must first complete the loan application. Technical assistance is available whether you qualify for a loan or not.

• 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.

• $1,000-1,999: 5% origination fee; $15/mo service fee; 11% interest rate; payable over 12 months

• $2,000-3,999: 5% origination fee; $15/mo service fee; 11% interest rate; payable over 24 months

• $4,000-20,000: 5% origination fee; $15/mo service fee; 11% interest rate; payable over 36 months

There is no fee for an early payoff.

Applicants who are sole proprietors or starting a business will need:

• One form of picture ID

• Resume / portfolio / work experience

• Most recent year of personal tax returns, including all schedules

• Proof of income

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

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

Click the link below to submit an ARTcap application. We will then conduct a soft credit pull on you, which will not affect your credit score, and then get in touch with you with the next steps.

If you need more assistance or have additional questions before you get started on your application, you can register to attend one of our free monthly info sessions via the buttons at the top of this page.