Areas Served: Van Wert County
Van Wert County offers two loan programs for businesses in Van Wert County, Ohio.
Econmic Development Revolving Loan Fund The Van Wert City Revolving Loan Fund is a flexible loan program aimed at the small to mid-size development project located within the City of Van Wert.
Funds can be used for machinery and/or equipment, building acquisition, new construction, remodeling, inventory and working capital.
This program allows qualified applicants to borrow up to $25,000 for each new job created.
The Loan requires financial participation by at least one private lender, adequate new or existing collateral as loan security, and the capability to implement project while repaying loan.
For more information on revolving loans, please call the Economic Development Office at 419-238-2999 or email myers.
688@cfaes.
osu.
edu.
CDBG Microenterprise Loan Fund A grant approved by the State Office of Housing and Urban Partnerships allows micro-loans to be made available for small businesses in Van Wert County.
Loans are available to assist microenterprises to grow and prosper, primarily in the villages and outlying areas of the county.
Special attention will be given to encourage the startup of a new business that fills service, retail or construction gaps within the village economies.
Examples of service areas that could be funded include: Business Services including bookkeeping, desktop publishing, typing services, transcriptions, commercial cleaning, etc.
Computer services including programming, web design, and software education.
Personal services including residential cleaning, alterations, wedding planners, childcare services, nanny-finders services, personal shoppers, etc.
Retail microenterprise is often the mom and pop shops that line our rural small town main streets.
In microenterprise, successful retailers can include home-based operations or online businesses selling on E-Bay or Yahoo Stores.
Contact InformationVan Wert County, Ohio
Address: 515 E. Main Street, Room 104
City: Van Wert
State: Ohio
Website:
http://www.whyvanwert.org/business-incentives/
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