FORGE lends money to individuals, small businesses and farms in Arkansas, Oklahoma and Missouri. FORGE offers classes in how to write a business plan, marketing and management for current and prospective borrowers. The mission of FORGE is to promote community development and economic sustainability by linking investors with borrowers, urban and rural communities, consumers with producers, and low income groups with basic affordable credit.
As a nonprofit, mission-driven organization, FORGE provides access to affordable capital and business development services to small businesses and nonprofit organizations that are financially viable but otherwise have difficulty obtaining loan capital from banks and other conventional lenders.
As a nonprofit, mission-driven organization, FORGE provides access to affordable capital and business development services to small businesses and nonprofit organizations that are financially viable but otherwise have difficulty obtaining loan capital from banks and other conventional lenders.
Services
To make low interest loans to farmers, small businesses and struggling families, FORGE needs money to lend. FORGE currently has 200+ member investors with investments ranging from $50 to $250,000. FORGE currently offers interest rates above the current CD rates to investors with over $500 in their accounts.
As a membership organization, FORGE borrows money from the SBA, USDA, charities, foundations, and individual investors to lend to start-up businesses, families in need, small farmers, and individuals denied credit by the conventional banking system. The FORGE membership consists of current and former borrowers, investors, donors, and other supporters of our mission.
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