CARL (Community Advantage Recovery Loans)

We are no longer accepting applications for the Community Advantage Recovery Loan (CARL) Program from the Small Business Administration. For information on other loans from MoFi, please visit our Business Financing page.


An assignment of life insurance in the amount of the loan is required for each owner with over 20% ownership


Must have been in business for at least one year

Note: there is an SBA packaging fee based on the total loan amount (fees range from $500-$5,000); this can be financed into the loan.

All business purposes except business purchases

No minimum personal credit score, but requires a score from the SBA's Credit System (SBSS) of 140 or above

All counties in MT, ID, WY
Asotin, Spokane, & Whitman Counties, WA
Malheur County, OR


Unable to access credit elsewhere. No prior personal or business bankruptcy ever. No open collections. No felony in past 5 years. No past due child support.

Minimum 5 years P&I – no interest only period

All payments waived for the first six months. Free business consulting with every loan.

All available business assets and personal real estate, SBA Guaranty

Application to funding in 10 business days or less!


We’re here to help! Please contact us for more information