Community Loans

A variety of community loan funds, often referred to Revolving Loan Funds (RLFs), are available to growing businesses with financing needs. These are direct loan programs that partner with the customer’s financial institution to create a financing package that overall offers:

Reduced Equity Requirements

Reduced Interest Rates

Flexible Loan Terms

To qualify for an RLF the company typically needs to be creating or retaining jobs in the community or providing some other community benefit. Each RLF has different criteria which can be found below.

Why Community Loans?

Benefits

  • Flexible loan terms
  • Below market interest rates
  • As low as 10% down payment requirements

Eligible Use of Funds

  • Land and building purchases
  • Equipment, furniture and fixture purchases
  • Training, signage and marketing
  • Other uses may be considered

Recent Business Lending Partners News

In this edition of the Quarterly BLP Update, you will learn more about the SBA 504 Program, hear from businesses and banking partners who benefited from our programs, and discover the community loans and grant relief programs we’ve been administering to local businesses.

https://vimeo.com/422823310 Community State Bank Senior Vice President, Steve Donovan and Market President, Nick Borth interview President of ATW Miller Group LLC, Todd Miller and Business Finance Manager of Business Lending Partners, Carolyn Engel to discuss SBA lending options for your…

Burlington, WI – Tenured university professor. World-renowned portrait artist. And now entrepreneur, business owner and City of Burlington resident. Jean Dibble spent the last 35 years teaching art at various universities across the country. Wanting to relocate near her Kenosha…

April 2020 SBA 504 Rates

The purpose of this program is to assist Union Grove businesses negatively impacted by COVID-19 and support business retention until the economy stabilizes.

The purpose of this program is to assist businesses negatively impacted by COVID 19 and support business retention until the economy stabilizes. Businesses must demonstrate they do not qualify for existing State or Federal programs; are in immediate need of funding until those programs become available; or that they are unable to obtain financing at reasonable rates and terms.

Business Lending Partners has compiled a valuable list of financial resources for those Wisconsin businesses affected by COVID-19.

March 2020 SBA 504 Rates

Living As A Leader Development Series The 12-month Leadership Development Series is designed to help you and your organization’s leaders improve the employee experience and drive business results. This process focuses on the development of leadership skills and strategies. Leaders…

Check out this month's newsletter featuring Beyond Reality Plumbing's amazing 21-day loan completion process, news from Northeast Wisconsin, and a welcome to one of BLP's newest loan advisory committee members.

Racine County is experiencing unprecedented economic growth and industrial development. Job openings are increasing, and companies are actively working to develop, attract and retain talent in the community. Housing availability is an important component to attracting and keeping talent in…

WATERFORD, WI – As you drive through the heart of Downtown Waterford, you will undoubtedly experience the activity from the Wisconsin Department of Transportation (WisDOT) Hwy 20/83 Construction Project. This portion of the project has significantly affected local citizens, passerby’s and…

INVEST IN RCEDC

RCEDC’s mission is to grow Racine County’s property tax base and by supporting business expansions, provide employment opportunities to Racine County residents. Over the last three years the RCEDC staff assisted 72 projects that, when completed, will result in 1,000’s of new full time jobs, and will substantially boost local property tax revenues. Your investment allows RCEDC staff to continue these positive efforts.

INVESTMENT LEVELS

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept