Areas Served: Anson, Buncombe, Burke, Caswell, Catawba, Graham, Iredell, Macon, McDowell, Rockingham, Surry, Swain, Watauga
Through the Intermediary Relending Program, Self-Help can offer loans to eligible small businesses at a fixed interest rate of 6-8% in the following eligible North Carolina counties: Anson, Buncombe, Burke, Caswell, Catawba, Graham, Iredell, Macon, McDowell, Rockingham, Surry, Swain, Watauga, and Wilkes County.
In order to be eligible for an IRP loan borrowers must have been turned down by at least two other lenders and have letters to prove it.
The IRP program has some restrictions on the types of activities that loan proceeds can be used for including: agricultural pursuits and loans to religious institutions.
Contact InformationSelf-Help Ventures Fund
Address: 301 West Main Street
City: Durham
State: North Carolina
Website:
http://www.self-help.org/business-and-nonprofit-loans/loan-products-1/usda-rural-development
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