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Department of Small and Local Business Development
 

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District Capitalized Revolving fund

The DC Department of Small and Local Business Development (DSLBD) is excited to present the District Capitalized Revolving Fund Program, which provides direct financial support to help small businesses in DC grow and stabilize their operations.

This initiative is managed in collaboration with fund managers EatsPlace and Life Asset, which are local Community Development Financial Institutions (CDFIs) selected by DSLBD to ensure more District-based businesses can access working capital for expansion, hiring, and overall success. The District Capitalized Revolving Fund Program (DCRF Program) aims to:

  • make affordable capital more accessible to small businesses that encounter barriers to traditional financing, 
  • enable DC entrepreneurs to build and improve their business credit, and 
  • Revolve initial funds to increase impact and the number of businesses that can borrow.


What the Program Offers

  • Micro-Loans — up to $10,000 in short-term working capital

  • Business Credit-Building and Reporting Support — helping entrepreneurs strengthen their credit history and long-term stability

These funds can be used to support expenses such as equipment purchases, payroll, marketing, or other operational needs.


Who Can Apply

Eligible applicants include District-based small businesses that meet the following criteria:

  • For-profit business incorporated, actively licensed, and operating in the District of Columbia

  • Maintain an active business bank account

  • Face barriers to accessing traditional lines of credit or financing


Application Period:

  • Open: November 10, 2025

  • Close: December 12, 2025, at 2:00 PM ET

Take the first step to explore or apply for a micro-line of credit: https://bit.ly/DCapFundInterest

Start an application with one of our Fund Managers: EatsPlace  https://loans.eatsplace.comor Life Asset https://lifeasset.org/line-of-credit

Need Help or Have Questions?

Questions must be submitted in writing to [email protected]

DSLBD will also host information sessions to guide applicants through the program details, eligibility, and application process:

To apply and learn more, CLICK HERE