Apply for Partner Fund

New Seasons Market Partner Fund. Keep local business growing

READY, SET, GROW!

We want to get you the funding you need to generate business growth. If you’ve had trouble qualifying for traditional loans because of debt or low credit or another reason, we hope that Partner Fund might provide the financial flexibility you need.

A few things to know:

   •   Our loans range from $5,000 to $25,000

   •   The pay-it-forward interest rates start at 3%, are set for the term of the loan, and roll back into the fund for future loans

   •   We offer flexible repayment plans with 2, 3, and 5-year terms

MENTORED FOR SUCCESS

Our Partner Fund loans always include potential business support and mentorship options to ensure your long-term growth and success. We’ll connect you with a combination of community business resources and New Seasons Market staff, who are able to assist you with everything from packaging and transportation needs to balance sheets and marketing support.

WHO’S ELIGIBLE?

New or existing New Seasons Market business partners seeking to improve their business’s financial health.

We’re looking for:

   •   A minimum of two years in business

   •   Less than 25 employees

   •   A business plan that details growth strategy

   •   A short overview of your company’s current finances

Loan funds can be used to:

   •   Purchase assets to expand production

   •   Introduce new products or expand existing product offerings

   •   Transition from farmers markets or food carts to a retail-ready product

   •   Develop marketing programs

   •   Hire new staff to increase sales

Loan funds cannot be used for:

   •   Personal income or salary

   •   Emergency funds to maintain general business operation

   •   Pre-startup research and development

LET’S GET STARTED!

Please review the following information, fill out the loan application and submit it to our team. From there, someone will contact you to discuss your business plan and loan options.

Step 1: Apply

   •   The application process includes answering a few questions about your business and providing a reference letter from a business mentor and an outline of your business plan.

   •   Once completed, email your application and reference letter to partnerfund@newseasonsmarket.com

Step 2: Review

   •   We will contact you to discuss your application and ask any additional questions.

Step 3: Follow-up

Our Partner Fund Team will let you know if you qualify.

   •   If you qualify: We’ll outline the details and terms of the loan and share information with you about other services that you’re eligible for as part of the loan.

   •   If you don’t qualify: We’ll explain why and provide feedback on how you can potentially improve your chances if applying in the future.

   •   Loan timing: Applicants who qualify will receive funds within 90 days from the time the application is approved by our Partner Fund Team.

Download Application

 

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