Areas Served: City of Stockton The City of Stockton is now offering assistance to local businesses through the Small Business Micro Loan Program. The program provides up to $30,000 to businesses located within the City of Stockton. The purpose of the program is to help small businesses with financing and to stimulate job growth in
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: City of Birmingham The Birmingham Business Development Stimulus Loan Program is designed to assist Birmingham based businesses with an alternative option for small business financing. This loan initiative was developed to create financial opportunities for developers and entrepreneurs thus encouraging increased economic development projects in the City of Birmingham. Under this program applicants
Read MoreAreas Served: Middlesex County – Chester, Clinton, Cromwell, Deep River, Durham, East Haddam, East Hampton, Essex, Haddam, Killingworth, Middlefield, Middletown, Old Saybrook, Portland, Westbrook Agency: Middlesex County Revitalization Commission Program Description: Maximum Loan – $50,000 Interest Rate – 6% Fixed for term of the loan Maximum Term Five years Application Fee – $200 Closing
Read MoreAreas Served: Wood County The Wood County RLF Program makes funds available to businesses as a revolving loan fund (RLF) throughout Wood County, Wisconsin. The funding is used for projects in the county that create additional employment opportunities, leverage additional private investment in the county, expand the county’s tax base and provide for the merchandising
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