The Abundance Foundation

Abundance Slow Money Loan Application

What’s your idea? We assume you have read about Slow Money, and have perhaps signed the Slow Money Principles. We are assuming that you “get it,” and that when it comes to interacting with capital, we all need to find a new way of being. That said, (in 200 words or less) why do you need a loan? How does your idea match our mission? Why are you a good bet? How will our community benefit?

Something you should think about is that this is “place-based” lending.  If you need a loan, and are planning to move away from our community, we are a bad fit.  To quote Woody Tasch:  “We must connect investors to the places where they live, creating vital relationships and new sources of capital for small food enterprises.”

Finally, before you apply, you should think about this as a “no default” opportunity.  If we are lending against an asset, and your plan does not work out, plan on giving the asset to us to convert back into cash.  And if we are extending credit to you, based on your “credibility,” plan on repaying in full such that your credibility stays in tact.  Please add additional pages if necessary:

Your Name

Co-Borrower's Name (if applicable)

Your Email

Your Phone

1. Tell us your story. Have you borrowed money before?

2. How much did you borrow? From where? How long was the term? Is there a balance still due on that loan?

3. Do you have people who would vouch for your credit worthiness? Who are they?

4. What is your business idea? Tell us your plan. Feel free to get into the details. What will your sales be? What do you anticipate your margins will look like? How will you make the money to pay this loan back?

5. Give us your background. Have you been in business before?

6. How much money do you need to borrow to make your project work?

7. Are there other lenders involved?

8. Did we forget to ask you something?

By submitting this form you are (both, if joint applicants) attesting to the fact that you are the person(s) named in the application data contained in the fields above, and that the information you have submitted is true and accurate to the best of your knowledge.

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919-533-5181 | 220 Lorax Lane #5 | Pittsboro, NC 27312