Client Agreement

Please agree to the following terms and conditions as part of the credit application process:

  1. Be advised that when you request your credit report personally it is not considered by lenders as being a credit inquiry by a third party which can reduce your credit score. By accessing your credit report through this website, this will be considered an inquiry by a third party and may reduce your credit score.
  2. The Microloan credit application has a fee of $10. Visa and MasterCard credit cards are accepted as a form of payment.
  3. A minimal credit score, set by VEDC is required in order to complete the application process. If you have a credit score lower than what VEDC requires as minimum (checked with Equifax credit reporting agency) you will not be able to complete the entire application process. VEDC will collect your general information from Step 1 of the loan application process and you will be contacted by a VEDC loan officer to discuss other lending options that may be available to you.
  4. In order to determine your eligibility please enter your business address zip code