Areas Served: Baker, Bibb, Calhoun, Chattahoochee, Clay, Colquitt, Crawford, Crisp, Decatur, Dooly, Dougherty, Early, Grady, Harris, Houston, Lee, Macon, Marion, Meriwether, Miller, Mitchell, Muscogee, Peach, Pike, Quitman, Randolph, Schley, Seminole, Stewart, Sumter, Talbot, Taylor Terrell, Thomas, Troup, Upson, Webster, Worth
The EDA Revolving Loan Fund is available through ACT! for gap financing to Georgia businesses in Baker, Bibb, Calhoun, Chattahoochee, Clay, Colquitt, Crawford, Crisp, Decatur, Dooly, Dougherty, Early, Grady, Harris, Houston, Lee, Macon, Marion, Meriwether, Miller, Mitchell, Muscogee, Peach, Pike, Quitman, Randolph, Schley, Seminole, Stewart, Sumter, Talbot, Taylor Terrell, Thomas, Troup, Upson, Webster, Worth counties.
Funds can be used to purchase Fixed Assets, Real Estate, and Working Capital.
- Loans in the amount of $25,000 – $100,000.
- Private Lender Investment required.
Loan Terms – Maximum of 10 years for Fixed Assets, Maximum of 5 years for Working Capital – Maximum 15 year terms for Real Estate.
Interest Rate – 2 to 3 points above prime
Business Plan & Collateral Required.
Contact Information
Albany Community Together, Inc.
Address: 230 S. Jackson Street, Suite 154
City: Albany
State: Georgia
Website:
https://www.albanycommunitytogether.com
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