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City of Cleveland Heights Loan Program

The City of Cleveland Heights Loan fund was established to help entrepreneurs   grow and thrive in the city. We're offering small business loans starting at 2% interest.

Address of business or applying business owner must be in the City of Cleveland Heights. (Learn more, and determine if your business qualifies.)

If access to this highly affordable loan funding would help you grow your business, fill out a loan inquiry form today!


Please contact Maria Kipfstuhl, Lending Manager for the Cleveland market at

Funding made possible by:

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About ​the City of Cleveland Heights Loan Program

Interest Rate

Low interest rate of 2% on qualifying loans with no prepayment penalties. 

Loan can be used for

  • Business expansion – including equipment, inventory, etc.

  • Working capital – including payroll, employee training, etc.

  • Attracting new employees – including competitive wages, benefits, etc.

  • New business start-up – includes business founder as one employee for job creation measures (if founder qualifies as LMI)


Businesses must:

  • EITHER the business must be located in an LMI Census Track of Cleveland Heights; OR the Owner is LMI and lives in the City of Cleveland Heights.

  • Be a for-profit business

  • Meet the SBA's definition of a small business (typically, fewer than 1,500 employees and less than $38.5 million in annual revenue)

  • Invest some of your own time and money into the business (required equity depending on the size of the total loan requested) 

  • Be able to show an ability to repay the loan

  • Not have previously defaulted on any government-guaranteed loan


If you have eligibility questions, contact Maria Kipfstuhl to learn if this or any of our other loan products can help your business grow:

The Benefits

  • Great for businesses that need funds to grow

  • Ideal if having funding to grow your staff would enable you to grow your business revenue

  • Attainable for business owners with low to average credit or ones who have been denied traditional financing

  • Ideal for women-owned, minority-owned or veteran-owned businesses

  • Can be used for most valid business needs

Get started by simply clicking this button:

CH Loan Details
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