Areas Served: City of Stockton The City of Stockton, California approved revisions to the City’s Commercial Loan Program to better serve the needs of the Stockton business community by expanding the program boundary beyond the downtown core and increasing the funding available to commercial property owners. The City offers a Façade Improvement Forgivable Loan to
Read MoreAreas Served: Mercer County Mercer County Loan Fund is a Public and Private Initiative to Finance Small Business Growth & Development for start up or expansion of Mercer County businesses, Financing from $25,000 to $125,000, Rates are 8% or prime plus 2%, whichever is more. There is a $100 application fee, business location must be
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: Bledsoe Bradley (excluding Cleveland), Grundy, Hamilton (excluding Chattanooga), Marion, McMinn, Meigs, Polk, Rhea and Sequatchie Counties in Tennessee and Dade, Catoosa and Walker Counties in Georgia. The IRP provides loans up to $150,000 to purchase equipment, real estate or other fixed assets (permanent working capital). Loans are amortized on a monthly basis up
Read MoreAreas Served: City of Geneva A revolving loan fund is available through Geneva State Bank to provide interest free loans to any eligible business in Geneva, Nebraska who wants to enhance the physical appearance of their business. The owner must have 25% equity in the project. A maximum loan is $5,000 with a term of
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