Areas Served: City limits of Kansas City The EDC Revolving Loan Fund (RLF) is a good alternative for small businesses planning to spend less than $500,000 for fixed assets. Typical financing structure is 10% equity, 50% from a commercial bank, and 40%, up to $200,000, outstanding per borrower, from the RLF. The maximum term for
Read MoreAreas Served: Clay and Platte County Midwest Small Business Finance (MSBF) maintains its own direct loan program, which is the Revolving Loan Fund (RLF). Repayments from loans are returned to the fund to be loaned out again. Program Summary Fixed Assets, including Machinery & Equipment, Furniture & Fixtures, and Real Estate Improvements Loan Overview Low
Read MoreAreas Served: Macon County The Macon County Economic Development offers loan fund for businesses in Macon County, Missouri which can provide a company up to $250,000 in financing for up to ten years. This innovative long term financing tool allows the city to match a company’s investment in the community with a low interest loan
Read MoreAreas Served: Jefferson, Lincoln, Saint Charles, Saint Louis, Saint Louis City and Warren counties As a U.S. Small Business Administration Micro-loan Intermediary Lender, Justine PETERSEN borrows capital from the SBA and originates loans to entrepreneurs that do not have access to commercial or conventional loans. The typical loan from this fund is under $5,000. Eligible
Read MoreAreas Served: St. Louis and Kansas City urban areas The Missouri Department of Economic Development (DED) contracts for the administration of a micro-lending program to assist Missouri’s small business owners with the creation, expansion and retention of their business enterprise, located in the St. Louis and Kansas City urban areas. PROGRAM BENEFITS/ELIGIBLE USES Funds may
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