Areas Served: City of Santa Fe The Santa Fe Loan Fund provides loans, business training and consulting to entrepreneurs and small businesses that have difficulty in securing traditional commercial credit. Loans can range from $5,000 $100,000 and can be used for working capital, equipment, building purchase or renovation and land acquisition. Interest rates are
Read MoreAreas Served: Page and Shenandoah County People Incorporated of Virginia, in partnership with the EDA, offers financial assistance and technical support to existing and prospective small businesses located in the Counties of Page and Shenandoah, Virgina through its mircroenterprise assistance program. The business program of People Incorporated Financial Services promotes economic self-sufficiency and a better
Read MoreAreas Served: Rooks County Rooks County Economic Development also has available a Local Revolving Loan Fund (Micro-Loan) for small business startups. The maximum loan size for recipients is $15,000. A minimum of $3,000 will be loaned. The program is based on the creation and retention of jobs. One to five jobs must be created by
Read MoreAreas Served: Statewide South Carolina TYPES OF LOANS The BMRLF offers two types of loan programs for businesses: Micro-loans $1,000 to $10,000 and can make a big difference to a small and/or minority-owned business that is building its foundation or is in need of reinforcement. Small Business Loans Range in size from $25,000-$100,000 and are
Read MoreAreas Served: Towns of Downey, Lava Hot Springs, Aberdeen, Arco, Challis, Mackay, Stanley, and Mud Lake/Terreton. The RDA’s Rural Retail Loans program is designed to benefit rural communities that normally don’t have a broad range of opportunities for economic development. Retail loans are limited to the following towns: 1.Downey (Bannock County) 2.Lava Hot Springs (Bannock
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