Toledo Business Growth Fund
Are you a manufacturing company and need help growing your business? We're offering small business loans at competitive interest rates through the Toledo Business Growth Fund. This fund was established to support business growth and neighborhood investment.
We're targeting businesses in downtown Toledo and revitalization areas of Toledo. (Learn more, and determine if your business qualifies.)
The best part is we'll provide business advising and support along the way! Whether you need marketing or loan application assistance, we've got your back.
If access to this highly affordable loan funding would help you grow your business, complete a pre-application form today!
Funding made possible by:
About the Toledo
Business Growth Fund
Loan Details
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$300,000 minimum
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$2,000,000 maximum
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Up to 20 years
Loan can be used for
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Real estate acquisition
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Working capital
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Machinery and equipment
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Construction or preservation of commercial real estate
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Clearance and demolition
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Site preparation
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Capitalized interest and reserves
Eligibility
Businesses must:
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An existing business with 3 or more years of operations
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Income producing commercial real estate owned and operated by entity with 3 or more years of experience
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Benefit low- and moderate-income residents through job creation or retention
If you have eligibility questions, contact ECDI to learn if this or any of our other loan products can help your business grow: toledo@ecdi.org.
The Benefits
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Flexible low-interest long term financing for a variety of business needs and uses
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Loan terms up to 20 years at lower interest rates than those offered through conventional financing
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Great for businesses that need funds to grow
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Attainable for business owners with low to average credit or ones who have been denied traditional financing
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Ideal for women-owned, minority-owned or veteran-owned businesses
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