Guidelines for Applying for an Additional Windmill Microloan

Eligibility for Additional Loans

If you currently have an existing Windmill microloan and your principal balance is below $13,000, you are eligible to apply for an additional loan. The conditions for the additional loan are as follows:

  • Minimum Additional Loan Amount: $2,000
  • Maximum Total Outstanding Principal: $15,000

Requirements for Loan Approval

Before applying for an additional loan, please ensure that:

  • Your current loan is not in arrears.
  • All late or missed payments have been settled, and your account status is 'Current'.

Application Process

Applying for an additional loan involves the following steps:

  1. Visit the Windmill Website: Navigate to our loan application section.
  2. Submit an Application: Complete and submit your loan application form.

Review and Approval

  • Review Process: Each application is carefully reviewed by a Coach and the Loan Review Team.
  • Approval: Approval is not automatic; each request is assessed based on individual circumstances and compliance with Windmill’s lending criteria.

For more detailed information or to start your application, please visit our website.

Jon is the author of this solution article.

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