A brand new
capital & coaching
What is "Relationship-Based Lending"?
Traditional lending can make you feel like a number, but we see the hardworking, hustlin', business owner you are.
We are reinventing lending from the ground up with YOUR business success and YOUR needs at the heart of every decision.
We look past the numbers on a page to your potential, your experience, and your growth mindset. We invest in YOU and walk alongside you every step of the way.
You are so much more than your credit score.
Credit scores and collateral are some of the top reasons women, minorities, and veterans struggle to secure loans. We got rid of those barriers.
Your community believes in you, so do we.
Your business impacts lives around you.
Character references and mentors will be part of your journey, celebrating your wins and cheering you on when times get tough.
Executive-Coaching & Training
Building your dream business can get lonely: we are better together.
You will get powerful executive coaching alongside owners, founders, and CEOs just like you.
You will have access to one-to-one mentorship, technical assistance, and workshops - all free of charge!
When you succeed, we all succeed!
Why Coaching & Capital?
Our program is designed for business owners who are ready to level up. It won't be easy, but you won't be in it alone.
Alongside capital, we will load you up with the tools you need to thrive. Committing yourself to program participation is required for funding.
When you are funded, experts will analyze your business and develop a customized Loan Success Plan, a roadmap for growth and financial success, based on YOUR goals.
As you start your journey, you will meet monthly with a group of peers and experts to keep you feeling motivated and on track to success.
Throughout the life of your loan you will have access to one-to-one mentorship and coaching. Quick text check-ins will help you stay looped in and on target.
EVEN MORE PERKS
Marketing BOOSTER Package
Let's get you started off right.
Every company funded through our program will get a free marketing package to help amplify your business and get you started off right!
Don't let the summer months bring you down, Tucson!
We understand that some business are seasonal. You can adjust your repayment month to month to accommodate those dog days of summer (or winter or whenever seasons impact your business).
Full Service Application Support
Taking the first step is what matters, we can help you with the rest.
Fair warning, a loan application is a lot of paperwork! But we got you! Through a partnership with the City of Tucson, you can get customized support to gather up what you need throughout the application process.
$5,000 - $250,000
Machinery & equipment (including, but not limited to, software, computer equipment, licenses and acquisition of other related property)
Facade improvements (energy upgrades, interior upgrades)
Interest rates we offer are based on the Federal Funds Rate plus 1% - 5%
2% origination fee
Late payments without prior notification may result in additional fees. Review program documents for the full description of non-payment actions.
Want to find out what your monthly loan payment could be?
Your business must be owned (at least 51%) by women, minority, or veteran small business owner.
Your business must have at least 12 months of revenue.
Your business must be located in the Tucson Metro Area.
Your debt to income ratio must be within acceptable perimeters.
Currently our program has some restrictions on the types of businesses we can support and how the capital can be used. Please read these restrictions carefully.
Restricted Loan Uses
Refinancing existing debt
Investing or lending
Personal uses outside of business needs
Investment properties (commercial real estate must be at least 50% owner occupied)
Less than 12 months of demonstrated revenue
No more than 25% of your sales comes from firearms, related accessories, or ammunition, in each instance intended for civilian use; alcoholic beverages; cannabis or cannabis-derived products (other than products used for therapeutic purposes approved by the FDA); or tobacco products
The following industries are ineligible for AVANZA funding: alternative finance services (check cashing, pawn shops, coin sales, high interest lenders, etc), gambling or lotteries, collection services; political campaigns, committees, candidates, or politically affiliated activities; speculative businesses (mining, house flipping, product R&D); Pornography; multi-level (or “Referral”) Marketing Companies; or businesses whose products are not legal, either federally or in other states in the U.S.
To begin your application, complete the following Welcome Form.
This form should take about 5 - 10 minutes, then a team member will reach out to you set up the next steps! Easy!
Ready for the next big stage of your business? Let's GO!
If you want to get a jump start on the process, download this checklist to start preparing the documents you will need down the line.
Would You Like Help With Your Application?
Through our partnership with the City of Tucson Small Business Navigator's Program, you can receive free one-to-one support completing your application. ¡Somos bilingües!
Gisselle offers business support in English and Spanish.
Contact Gisselle for one-on-one support at:
520-500-7533 | Gisselle.Coronado@tucsonaz.gov
Narda offers business support in English and Spanish.
Contact Narda for one-on-one support at:
520-484-3093 | Narda.Flores@tucsonaz.gov
The application process takes between a month and two months and will require a number of steps. But don't worry, we have lots of templates and personalized support to help you throughout the process.
A high-level, simple form that should take no more than 5 -10 minutes. This helps our intake team to understand if your needs match our loan program or others in the community.
Within a few days of recieving your Welcome form, you will hear from a team member to set up a Discovery Meeting where we will learn a little more about your business and you have a chance to ask questions about the program!
1 Year Tax Returns (business and personal)
3 Mo Bank Statements (business and personal)
Profit & Loss Statement
Personal Financial Statement
Schedule of Business Debts
Loan Use Statement
Credit Report (self-pulled. Your credit score will not impact your approval)
Business Model Canvas
Lease Agreement & Landlord contact (if applicable)
Articles of Incorporation (if applicable)
Our team will review your application and create a summary to send to the Loan Committee, who makes the final decision. As part of the review, our team will also complete additional verification through:
Character Reference Checks
Landlord Interview (if applicable)
Loan Committee Review & Presentation
Our trained Loan Committee reviews applications, provides feedback, and recommendations.
If the application is selected to move forward, the business owner will be invited to present to the Loan Committee in person.
Funding & Next Steps
When your application is funded, you will receive:
An orientation class on the lending process
A Loan Success Plan
Marketing BOOSTER Package
Executive Coaching & Mentoring
Arizona Daily Star
23 February 2023
Tucson to create loan fund to help minority-owned businesses
Tucson’s small business owners belonging to underrepresented communities will soon be able to receive resources to help them grow and maintain their ventures through a new loan fund that will provide capital for operations.
This month the Tucson Industrial Development Authority in partnership with the city of Tucson Department of Economic Initiatives will start the Avanza Empowerment Fund, a loan program aimed at helping mainly women-, minority- and veteran-owned businesses unique to Tucson.