Areas Served: Palm Beach, Martin, St. Lucie or Indian River Counties, Florida
The Treasure Coast Enterprise Fund, Inc. (TCEFI) is a non-profit corporation established to promote job growth in low and moderate-income communities in the Florida Treasure Coast Region by increasing the availability of capital to small businesses that are expanding and creating livable wage jobs.
The TCEFI Small Business Micro Loan Program has four main objectives: 1. Support new business creation 2. Maintain and expand existing businesses 3. Help create good-paying jobs 4. Enhance economic opportunity in underserved communities TCEFI loans can be used for various business uses such as equipment/machinery purchases, working capital and leasehold improvements Target Area: Businesses located in Palm Beach, Martin, St. Lucie or Indian River Counties.
Loan Size: TCEFI offers loans between $5,000 to $35,000. Interest Rates: TCEFI’s loans will have a fixed interest rate.
Loan Terms: The term of a TCEFI loan is matched to the project schedule and is negotiated with each borrower.
Collateral: Collateral is required; unsecured lending is unacceptable.
The amount and type of collateral acceptable is at the discretion of TCEFI and is generally sufficient to assure repayment of the loan.
Contact InformationTreasure Coast Enterprise Fund
Address: 301 East Ocean Blvd, Suite 300
City: Stuart
State: Florida
Website:
http://treasurecoastfund.com/index.html
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