The LISC/Morgan Stanley Small Business Loan Fund

Local Initiatives Support Corporation (LISC) and Morgan Stanley are offering low-cost, long-term financing to small businesses in several U.S. cities, including Detroit, through a $10 million pilot program. Detroit LISC will serve the Detroit market and offer loans between $250,000 and $2.5 million to local small businesses.

For eligibility requirements, parameters, and loan terms, download the loan fund term sheet here.

For additional details about the program, download the Low Mod 504 Presentation by Morgan Stanley here.

Download the press release here.

How to Apply for a Small Business Loan
To begin the application process, please contact Anthony Batiste, Detroit LISC Program Officer, at abatiste@lisc.org or 313-596-8222 ext 13.