Financial Resources

Expanded Eligibility Opens Revolving Loan Fund to More Businesses

adminSeptember 9, 202606.1K views

Nearly $700,000 is available through the Greater Racine County Revolving Loan Fund following recent updates approved by the Racine County Board of Supervisors. The expanded program now supports businesses with a connection to development and operations within Mount Pleasant’s TID #5, home to Foxconn and Microsoft. Whether you’re a Racine County contractor, manufacturer, or supplier looking to grow, or an out-of-county business interested in expanding to Racine County, financing may be available to help support your project.

Building on Three Decades of Craftsmanship

Alison HowenSeptember 8, 202605.9K views

For more than 30 years, Distinctive Woodwork has provided custom woodworking solutions for homes and businesses throughout Southeast Wisconsin. From handcrafted cabinetry and architectural millwork to office furnishings, display cases, and restoration work, the Racine company has earned a reputation for quality craftsmanship since Dwight and Barb Pedersen established it in 1994. When the Pedersens decided to retire, Joshua Ziev saw an opportunity to carry on the company’s legacy.

RestoreMore Establishes a Permanent Home in the City of Racine with SBA 504 Financing

Alison HowenAugust 3, 202605.2K views

Since 2015, RestoreMore, Inc. has provided homeowners and businesses throughout Southeastern Wisconsin with dependable restoration services following fire, water, and mold damage. Founded by Steve Schiele, the company offers 24/7 emergency response along with a comprehensive range of restoration solutions, including fire and smoke damage repair, water damage restoration, mold remediation, and professional cleaning services.

EVENT: QuickBooks Training Series, Session 4: Beyond the Basics

Alison HowenApril 27, 202601.4K views

In this hands-on session, you’ll elevate your bookkeeping skills by learning payroll setup, sales tax, inventory and time tracking, project management, and how to use tags, classes, and apps for deeper business insights.

City of Racine Downtown Grant Program

adminApril 13, 20260604 views

This downtown Racine grant program has a finite amount of funding, so to maximize the positive impact of the grant program and the revitalization of downtown Racine, eligible applicants will be prioritized based on industry, with retail and restaurants having the highest priority.

Community Loan Funded for Anchor & Ale

Alison HowenMarch 20, 202606.1K views

CSAL Developers, LLC has acquired the Tichigan Lakes Hilltop Pub and Eatery in the Town of Waterford and will reestablish the longtime restaurant as Anchor & Ale. Led by Chad Schmidt and Andrew Luebke, the project introduces a new operating entity that will lease the property and restore the nearly 70-year-old establishment to its roots as a family-friendly, supper club-style destination. The revitalized restaurant will feature a full dinner menu, cocktails, and a welcoming atmosphere designed to reconnect with the community and rebuild its customer base. The project was supported through a partnership between RCEDC and Community State Bank, utilizing a Community Loan to advance the turnaround and long-term success of the property.

Burlington Road Construction Micro-Loan

adminMarch 19, 20260457 views

The purpose of establishing the 2026 Road Construction Micro-Loan Program is to assist businesses located in the construction area, see the map below, during the construction

Community Loan Funded for Distinctive Woodwork Racine

Alison HowenMarch 4, 202606K views

Distinctive Woodwork, a custom woodworking and restoration company that has served Racine for more than 30 years, is entering a new chapter under the ownership of Marine Corps veteran Joshua Ziev. Known for its custom cabinetry, architectural millwork, display cases, and restoration projects, the business will continue its legacy while transitioning to Distinctive Woodwork Racine, LLC. This project was made possible through a partnership between RCEDC and Town Bank, working with Josh Sopczak, Senior VP of Business Banking, to secure a Community Loan that supported the acquisition and future growth of the company.

Community Loan Funded for Modern Aesthetics Skincare

Alison HowenFebruary 17, 202605.8K views

Modern Aesthetics Skincare is a Waterford-based medical skincare clinic owned by licensed clinical esthetician Cala Newholm. To expand its service offerings and stay at the forefront of aesthetic treatments, the business purchased a BBL HEROic device, an advanced system for skin rejuvenation and laser treatments. RCEDC helped support this growth by securing a Community Loan, enabling Modern Aesthetics to continue providing high-quality skincare services to local clients.

Community Loan Funded for Hyperion Holdings

Alison HowenFebruary 6, 202606K views

Hyperion Holdings Inc. has purchased an industrial building at 1800 Clark St. and 1825 Holborn St. in Racine to establish its first brick-and-mortar headquarters. Founded in 2022 by Sam Wahlen and Garrin Horwitz, the Sturtevant-based firm provides full-service residential property management, brokerage, and construction support for single-family and small multifamily investors across southeastern Wisconsin, using a technology-driven platform to streamline operations and reduce costs. The project was supported through a partnership between RCEDC and Advia Credit Union, which helped secure a Community Loan for the expansion.