| Door
County Economic Development Revolving
Loan Fund:
Door
County Revolving Loan Fund
Program:
Sturgeon
Bay Revolving Loan Fund Program:
These
programs provide low interest
loans to businesses located
in Door County for the first
two, in the City of Sturgeon
Bay for the third, typically
for fixed asset financing of
up to $250,000. Job creation
of one job per $20,000 loaned
is required. Contact Sam Perlman for more information
WHEDA
Small Business Guarantee Loan: WHEDA Small Business Guarantee (WSBG) helps to acquire or expand a small business with favorable financing terms.
Small
Business Administration 7a
Loan Program: 7(a) loans are the most basic and most used type loan of SBA's business loan programs. Its name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide business loans to American small businesses. Maximum
loan size is $2,000,000.
Small
Business Administration SBA Express
Loan Program: Provides
streamlined process for business
to receive loans of $350,000
or less for start-up costs
or expansion. Loans can be used
for a revolving line of credit.
Small
Business Administration 504
Loan Program: The CDC/504 loan program is a long-term financing tool for economic development within a community. The 504 Program provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings. A Certified Development Company is a nonprofit corporation set up to contribute to the economic development of its community. CDCs work with the SBA and private-sector lenders to provide financing to small businesses.
Small
Business Administration Microloan
Program: The Microloan Program provides very small loans to start-up, newly established, or growing small business concerns. Under this program, SBA makes funds available to nonprofit community based lenders (intermediaries) which, in turn, make loans to eligible borrowers in amounts up to a maximum of $35,000. The average loan size is about $13,000. Applications are submitted to the local intermediary and all credit decisions are made on the local level.
Rural
Economic Development Microloan
Program: The Rural Economic Development (RED) Program is designed to provide working capital or fixed asset financing for businesses in rural areas (Door County does
qualify). Since it's inception in 1990, the RED program has provided more than $1.4 million to over 110 Wisconsin businesses.
Small
Business Administration CAPLines: CAPLines is the umbrella program under which the SBA helps small businesses meet their short-term and cyclical working-capital needs.
Industrial
Revenue Bonds: Wisconsin's Industrial Revenue Bond (IRB) program now has more than $200 million available to assist small manufacturers with expansion projects through low-interest financing. The Department of Commerce garnts the bonding authority (volume cap allocation) to cities, villages and towns to issue the bonds on behalf of a business.
Export
Loan Programs
Small
Business Administration
Export Express: The SBA Export Express program provides exporters and lenders a streamlined method to obtain SBA backed financing for loans and lines of credit up to $250,000. Lenders use their own credit decision process and loan documentation; exporters get access to their funds faster. The SBA provides an expedited eligibility review and provides a response in less than 24 hours.
Export
Working Capital Program: SBA’s Export Working Capital Program (EWCP) loans are targeted for businesses that are able to generate export sales and need additional working capital to support these sales. SBA’s aim for the EWCP program is to ensure that qualified small business exporters do not lose viable export sales due to a lack of working capital. SBA provides incentives to banks so that they will make export loans to companies who would otherwise lack the funds.
International
Trade Loans: The SBA International Trade Loan program is a term loan designed for businesses that plan to start/continue exporting or those that that have been adversely affected by competition from imports. The proceeds of the loan must enable the borrower to be in a better position to compete.
The Export-Import Bank of the United States (Ex-Im Bank) is the official export credit agency of the United States, whose primary mission is to assist in financing the export of US goods and services to international markets.
Agriculture
Loan Programs
Agribusiness
Loan Guarantee: The Agribusiness Guarantee helps new or existing businesses obtain financing on favorable terms to develop or expand production of products using Wisconsin's raw agricultural commodities.
CROP
Guarantee: Credit Relief Outreach Program (CROP) is a financing resource for farmers that provides guarantees on agricultural production loans.
FARM
Guarantee: Farm Asset Reinvestment Management (FARM) is a loan guarantee for agricultural producers who want to start, expand or modernize their operations.
Milk
Volume Production (MVP) Program: Dairy producers who plan to increase milk production by expanding their dairy herds may obtain equity gap financing through the MVP program. This program was created to support Wisconsin's dairy industry by easing the financial burden on dairy farmers who want to modernize and increase their herd size.
Disadvantaged
Group Financing
Wisconsin
Minority Business Development
Program: The Department of Commerce's Minority Business Development program is designed to generate and foster the growth of minority businesses in the State of Wisconsin. The Bureau of Minority Business Development provides consultation and services to minority business owners, entrepreneurs, and resource organizations.
Linked
Deposit Loan Subsidy: Provides
low-interest loans for businesses
owned by women and minorities.
Defense
Loan and Technical Assistance
Program: SBA's Defense Economic Transition Assistance (DELTA) program is designed to help eligible small business contractors to transition from defense to civilian markets.
Venture
Capital Funds
Wisconsin
Angel Network: The
Wisconsin Angel
Network's (WAN) mission is
to increase the number and
amount of early-stage
equity investments in Wisconsin
start-ups. WAN offers services
to create and
strengthen angel networks
and to enhance cooperation
among early-stage
investors.
NEW Capital Fund : NEW Capital Fund, LP is an Appleton, WI based private equity fund with nearly $10 million of committed capital and 76 limited partners. The Fund is interested in engaging qualified entrepreneurs who are developing promising, high-growth Wisconsin businesses, predominantly in the life sciences, information technology, agriculture, and manufacturing sectors.
Technology
Development Fund: The Technology Development Fund (TDF) program was established to help Wisconsin businesses research and develop technological innovations that have the potential to provide significant economic benefit to the state.
Technology
Development Loan Program: The Technology Development Loan (TDL) program was established to assist Wisconsin businesses that have developed technological innovations that have the potential to provide significant economic benefit to the state. This program is designed to help the business commercialize the new technology. |
