IMPROVEMENTS HAVE ARRIVEDIndustrial Development changes to Business Development loan programAvailable to most business sectors across Allen County(formerly limited to manufacturers and wholesalers)Loans may be used for land and building purchase, renovation and construction, equipment, inventoryand some working capital.. CDC finances 45% of project, bank finances 45% of project and borrower injects 10%.. One job must be created for each $65,000 of CDC loan amount.Maximum loan amount of $300,000 of which, up to $100,000 may be used for working capitaland inventory purchase. CDC may lend up to $50,000 without a bank match.Proceeds may not be used to relocate a business from one labor area to another.Interest rates fixed for the term of the loan, with no prepayment penalties.ODC200 E. Berry St, Suite 320, Fort Wayne, Indiana260-427-1125 cdcnein.orgCONTACT US TODAYCommunity DevelopmentCorporation of Northeast IndianaDarren RenierJim Roush IMPROVEMENTS HAVE ARRIVED Industrial Development changes to Business Development loan program Available to most business sectors across Allen County (formerly limited to manufacturers and wholesalers) Loans may be used for land and building purchase, renovation and construction, equipment, inventory and some working capital. . CDC finances 45 % of project , bank finances 45 % of project and borrower injects 10 % . . One job must be created for each $65,000 of CDC loan amount. Maximum loan amount of $300,000 of which, up to $100,000 may be used for working capital and inventory purchase. CDC may lend up to $50,000 without a bank match. Proceeds may not be used to relocate a business from one labor area to another. Interest rates fixed for the term of the loan, with no prepayment penalties. ODC 200 E. Berry St, Suite 320, Fort Wayne, Indiana 260-427-1125 cdcnein.org CONTACT US TODAY Community Development Corporation of Northeast Indiana Darren Renier Jim Roush

Date: May 9, 2019

Active Ad

This ad expires on
June 8, 2019 (19 days)
more_vert

Community Development Corporation of Northeast Indiana

Services / Business Associations

Call
Call (260) 427-1125
Directions
Get directions to this
location on Google Maps.
Website
Open website
in new tab.

Text

IMPROVEMENTS HAVE ARRIVED Industrial Development changes to Business Development loan program Available to most business sectors across Allen County (formerly limited to manufacturers and wholesalers) Loans may be used for land and building purchase, renovation and construction, equipment, inventory and some working capital. . CDC finances 45% of project, bank finances 45% of project and borrower injects 10%. . One job must be created for each $65,000 of CDC loan amount. Maximum loan amount of $300,000 of which, up to $100,000 may be used for working capital and inventory purchase. CDC may lend up to $50,000 without a bank match. Proceeds may not be used to relocate a business from one labor area to another. Interest rates fixed for the term of the loan, with no prepayment penalties. ODC 200 E. Berry St, Suite 320, Fort Wayne, Indiana 260-427-1125 cdcnein.org CONTACT US TODAY Community Development Corporation of Northeast Indiana Darren Renier Jim Roush IMPROVEMENTS HAVE ARRIVED Industrial Development changes to Business Development loan program Available to most business sectors across Allen County (formerly limited to manufacturers and wholesalers) Loans may be used for land and building purchase, renovation and construction, equipment, inventory and some working capital. . CDC finances 45 % of project , bank finances 45 % of project and borrower injects 10 % . . One job must be created for each $65,000 of CDC loan amount. Maximum loan amount of $300,000 of which, up to $100,000 may be used for working capital and inventory purchase. CDC may lend up to $50,000 without a bank match. Proceeds may not be used to relocate a business from one labor area to another. Interest rates fixed for the term of the loan, with no prepayment penalties. ODC 200 E. Berry St, Suite 320, Fort Wayne, Indiana 260-427-1125 cdcnein.org CONTACT US TODAY Community Development Corporation of Northeast Indiana Darren Renier Jim Roush

Other Ads

codeEmbed

Ads Widget

close

Widget URL

Embed Code

Embed these ads anywhere HTML code is accepted by pasting the snippet below.