Areas Served: Statewide Mississippi
Mississippi Minority Business Enterprise Loan Programs
The Mississippi Development Authority offers a number of loan programs designed to assist businesses in creating jobs and making capital investments in the state.
As you continue with your site selection process or consider an expansion of an existing facility, please contact MDA. The agency stands ready to assist you throughout this process and can provide you with more detailed information on programs available to help meet your project’s specific requirements.
Small Business Loan Guaranty Program
The
Small Business Loan Guaranty Program (SBLGP) provides access to capital for small businesses by issuing loan guarantees to banks and other small business lenders. The SBLGP was created to enable lenders to make term loans or provide lines of credit to new or existing small businesses in a difficult credit environment.
Small Business and Existing Forestry Industry Loan Program
The
Small Business and Existing Forestry Industry Loan Program (SBEFI) encourages the extension of conventional financing, along with the issuance of letters of credit by private institutions, to qualified small businesses or existing companies in the forestry industry. Through this program, the Mississippi Development Authority provides low-interest loans to qualified businesses.
Minority Business Enterprise Loan Program
The
Minority Business Enterprise Loan Program provides loans to socially and economically disadvantaged minority and women-owned businesses as designated by the Mississippi Development Authority’s Minority and Small Business Development Division.
Minority Business Micro Loan Program
The
Minority Business Micro Loan Program provides loans to socially and economically disadvantaged minority and women-owned businesses as designated by the Mississippi Development Authority’s Minority and Small Business Development Division.
Capital Access Contract Loan Program
The
Capital Access Contract Loan Program assists socially and economically disadvantaged businesses by providing loans to borrowers who have contracts with public entities and who might have difficulty in obtaining conventional loans.
Mississippi Development Authority
Address: PO Box 849
City: Jackson
State: Mississippi
Website:
https://mississippi.org/minority-small-business/grants/https://www.mississippi.org/home-page/our-advantages/incentives/business-financing/
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