At a glance
From its website, read 29 Oct 2026Mountain BizCapital, Inc. d/b/a Mountain BizWorks is a loan fund based in Asheville, North Carolina. Its website describes microloans, SBA-backed loans and small-business loans. Stated loan amounts run from $1,000 to $500,000. Where it lends: Western North Carolina. It says it considers borrowers with low or no credit history. You can start an application online. It serves borrowers in Spanish.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Main | (828) 253-2834 source |
|---|---|
| Apply online | Page with the application link |
| Website | www.mountainbizworks.org |
| Office (official list) | 153 South Lexington Avenue, Asheville, NC 28801 |
What their website says about applying
Para solicitar un préstamo para pequeños negocios de Mountain BizWorks,complete el siguiente formulario y uno de nuestros asesores de préstamos para pequeñas negocios se pondrá en contacto con usted lo antes posible, normalmente en el plazo de un día laborable.
sourcePlease complete the following form and one of our small business lenders will be in touch at the earliest availability, typically within one business day.
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Who qualifies, in their words
- Low or damaged credit considered
What if I don’t have the best credit? Credit issues are not a hard stop for us.
source - Collateral flexible or not always required
We emphasize cash flow, consider non-traditional collateral, and work to craft a loan structure that fits your business.
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 8 Jan 2026 |
| RSSD ID | — (none listed) |
| Address | 153 South Lexington Avenue, Asheville, NC 28801 Directions (Google Maps) |
| Website | www.mountainbizworks.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 29 Oct 2026Read from 5 pages of the lender's website on 29 Oct 2026. Quotes are verbatim. Reviewed by a person (Oct 2026). Items added later were extracted with AI help and checked automatically against the pages listed below. Confidence: high. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Microloans | — | We are a local non-profit Community Development Lender. Our goal is to help start new business in our area and offer funding to people that have been excluded in the past. Our micro-lending program focuses on loans that… | source |
| SBA-backed loans (7(a)/504/Community Advantage) | up to $500,000 | But we have been able to do some Community Advantage loans and private equity loans as high as $500,000.00. | source |
| Small-business loans | — | Get Funding Business Loans Overview | source |
Loan sizes
offering non-traditional loans from $1,000 to $500,000.
sourceRapid working capital loans up to $20k for existing businesses
sourceMountain BizWorks specializes in providing financing to help Western North Carolina small businesses launch and expand, by offering non-traditional loans from $1,000 to $500,000.
sourceOur micro-lending program focuses on loans that are $50,000.00 and under.
source
Range used for the size filter: $1,000 to $500,000
Borrower focus
- Minority / BIPOC
Los préstamos del Fondo Catalizador Multicultural están diseñados para ayudar a los empresarios de color a iniciar y hacer crecer su negocio desde un lugar de confianza.
source - Startups
What we provide Mountain BizWorks believes in the power of local entrepreneurs to create a vibrant local economy. While traditional banks often see start-up and early-stage businesses as too risky, we see them as Wester…
source
Languages
- Spanish
También tenemos personal que hablan español para ayudar a nuestros clientes latinos.
source
Online application
Yes — the site links to an application. Apply now See how it works
source
Questions to ask when you contact them
Based on what their website said when we read it on 29 Oct 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- What interest rate and fees should I expect on your microloans and SBA-backed loans?
Their website does not state a rate for this. - How long can I take to repay?
No repayment terms are stated on their website. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$10.4 million in 10 awards from the U.S. Treasury's CDFI Fund, 2004–2024 (4 programs).
| Round year | Program | Amount |
|---|---|---|
| 2024 | CDFI Program, Financial Assistance | $1,250,000 |
| 2022 | CDFI Equitable Recovery Program | $4,015,719 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2020 | CDFI Program, Financial Assistance | $650,000 |
| 2016 | CDFI Program, Financial Assistance | $900,000 |
| 2012 | CDFI Program, Financial Assistance | $300,000 |
| 2011 | CDFI Program, Financial Assistance | $600,000 |
| 2008 | CDFI Program, Financial Assistance | $567,187 |
| 2005 | CDFI Program, Financial Assistance | $248,150 |
| 2004 | CDFI Program, Technical Assistance | $52,580 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Dec 2023| Total assets | $35.2M |
|---|---|
| Total liabilities | $19.8M |
| Net assets | $15.4M |
| Total revenue | $6.4M |
| Notes and loans receivable, net (Part X line 7) | $18.7M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending December 2023 (tax year 2023; EIN 14-1864873, filed as “MOUNTAIN BIZCAPITAL INC”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue | Notes and loans receivable |
|---|---|---|---|---|
| Dec 2021 (990) | $25.8M | $11.7M | $7.2M | $10.1M |
| Dec 2022 (990) | $30M | $13.7M | $6.1M | $14.5M |
| Dec 2023 (990) | $35.2M | $15.4M | $6.4M | $18.7M |
Total assets grew 37% from Dec 2021 to Dec 2023; notes and loans receivable rose 84%. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Median SBA 7(a) loan it approved, FY2020–FY2026 | $125,000 (65 loans) | All 7(a) lenders in North Carolina: $350,000. Larger than the median loan of 29% of the 97 other certified CDFIs with 10 or more 7(a) loans. |
| SBA approvals, FY2023–24 → FY2025–26 | 18 → 10 | Rank among the 8 certified CDFIs in North Carolina with SBA approvals in either period: 4 → 5. |
| Largest loan its website states | $500,000 | Other loan funds whose website states a maximum: median $250,000. Higher than the stated maximum of 63% of these 184. |
| Total assets, latest IRS Form 990 | $35.2M | Larger than 92% of the 13 other certified loan funds and venture funds in North Carolina with a matched Form 990 (median $8.6M). |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Median SBA 7(a) loan | certified CDFIs with 10+ 7(a) loans, nationwide | 97 | larger than 29% |
| SBA approvals then vs now | certified CDFIs in North Carolina with SBA approvals FY2023–2026 | 7 | rank 4 → 5 of 8 |
| Largest stated loan | other loan funds stating a maximum, nationwide | 184 | higher than 63% |
| Form 990 total assets | certified loan and venture funds with a Form 990, in North Carolina | 13 | larger than 92% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. SBA 7(a) & 504 FOIA data as of 30 Sep 2026. Form 990 figures: IRS annual extracts (see the Form 990 section).
SBA loans approved
SBA data as of 30 Sep 2026The SBA's public loan data lists 65 SBA-backed approvals for Mountain BizCapital, Inc. d/b/a Mountain BizWorks in fiscal years 2020–2026 (October 2019 to September 2026):
- 65 7(a) loans as the lender: $10.1M in total (gross amount approved), median $125,000
By fiscal year: FY2020 15 · FY2021 8 · FY2022 14 · FY2023 11 · FY2024 7 · FY2025 6 · FY2026 4.
What actually happened
- Size of its 7(a) loans: half were between $105,000 and $200,000, median $125,000 (65 loans)
- Term of its 7(a) loans: median 120 months (10 years) (65 loans)
- Interest rate at approval on its 7(a) loans in FY2025–26: median 8.00%, half between 7.50% and 8.44% (10 loans; SBA's initial rate, before any change on a variable loan)
- Fixed or variable: 100% of its 7(a) loans had a fixed rate (65 loans)
- Young businesses: 72% of its 7(a) loans went to a startup or a business two years old or less (64 loans with an answer)
Descriptive only: what the SBA file records for loans this lender approved in fiscal years 2020–2026. Each figure covers at least 10 loans; with fewer we show nothing. It is not an offer, not the rate or term you would get, and says nothing about your chance of approval.
By program
- 7(a) Community Advantage (47, 72%)
- 7(a) standard (17, 26%)
- 7(a) working-capital and trade lines (1, 2%)
Borrower industries
NAICS sector, 3 or more loans.
- Accommodation and food services (28)
- Retail trade (13)
- Manufacturing (10)
- Other services (except public administration) (3)
Where borrowers are
County of the borrower's ZIP code, 3 or more loans.
- Buncombe County, NC (38)
- Henderson County, NC (6)
- Haywood County, NC (5)
- McDowell County, NC (3)
- Burke County, NC (3)
- Madison County, NC (3)
How this lender was matched in the SBA files: SBA lender ID 0447221: same name, state and city (SBA lists “Mountain Bizcapital, Inc.”).
Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. Mountain BizCapital, Inc. d/b/a Mountain BizWorks may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
Other certified CDFIs in Asheville and North Carolina
- Mountain Housing Opportunities Loan FundLoan fund · Asheville, NCOfficial list only
- Bragg Mutual FCUCredit union · Fayetteville, NCAuto / vehicle loansVerified
- Business Expansion Funding CorporationLoan fund · Charlotte, NCSBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
- CAHEC Capital, Inc.Loan fund · Raleigh, NCAffordable housing development loansVerified
- Cares Project, Inc., TheLoan fund · Winston Salem, NCAuto / vehicle loansVerified
- Carolina Small Business Development Fund (The Support Center)Loan fund · Raleigh, NCMicroloans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
Work at Mountain BizCapital, Inc. d/b/a Mountain BizWorks? Link to this page
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