Areas Served: Autauga, Baldwin, Barbour, Butler, Bullock, Choctaw, Clarke, Coffee, Conecuh, Covington, Crenshaw, Dale, Dallas, Escambia, Geneva, Greene, Henry, Houston, Lee, Lowndes, Marengo, Mobile, Monroe, Montgomery, Perry, Pike, Russell, Sumter, Washington, Wilcox The SBA Microloan Program 7(m) provides small, short-term loans to small businesses. The SBA makes funds available to specially designated intermediary lenders, which
Read MoreAreas Served: Hampden County, city of Fall River The Fall River Office of Economic Development (FROED) offers Fall River businesses (Hampden County, city of Fall River) low-interest financing through its new FROED “50” Fund. This innovative loan program provides 100% financing opportunities to startup ventures and existing small businesses. FROED “50” Facts – Interest rate
Read MoreAreas Served: City of Batavia Batavia City Council approved a Micro Loan Program to assist businesses seeking small loans with a below market interest rate. The program is a subsidiary of the city’s existing Revolving Loan Fund (RLF) program which is funded by the State of Illinois through the Department of Commerce and Economic Opportunity
Read MoreA revolving loan fund (RLF), sometimes referred to as a microloan program, is a pool of money where loans are made and the repayments are returned and lent out again, which then allows for other similar investments. For our purposes, we are looking at a revolving loan fund focused on small businesses. There are thousands of low-interest, small
Read MoreAreas Served: Franklin County The FCCDC has raised capital from public and private sources to provide “gap” financing for business start-ups and expansions. The fund seeks to lend to manufacturing, agricultural and other natural resource based businesses, artisans, and retail or service businesses located in core downtown areas. Lending to businesses that will create or
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