Revolving Loan Funds are available as gap financing provided in conjunction with a commercial bank serving as primary lender. Loan funds can be used for real estate acquisition, equipment purchases and working capital. One new job must be created for every $20,000 borrowed. Contact Fox Cities Regional Partnership for additional information.
The Wisconsin Economic Development Corporation (WEDC) provides financial assistance to Wisconsin companies, including Qualified New Business Ventures (QNBV), a program for angel and early stage investment. It also provides Technology Development Loans to facilitate research and development and commercialization of innovative technology products. There are also several tax credits and job creation funds available to eligible companies.
The Wisconsin Women’s Business Initiative Corporation (WWBIC) makes loans to small and micro businesses up to $100,000.
State Of Wisconsin Investment Board (SWIB) provides business loans for Wisconsin companies seeking financing through the Wisconsin Private Debt Program. SWIB provides financing primarily to businesses headquartered in Wisconsin, operating in Wisconsin or intending to invest proceeds in Wisconsin.
USDA Rural Business Programs provide for business credit needs in underserved rural areas, often in partnership with private sector lenders. They offer an assortment of loans and grants.
State of Wisconsin Trust Fund Loan Program is operated by the Board of Commissioners of Public Lands (BCPL) and is one of the largest public lending programs in the state. It offers loans for any public purpose project including school repairs and improvements, local infrastructure projects including roads, town halls, airports, sewer systems and wastewater facilities, and local economic development through Tax Incremental Financing (TIF) districts and downtown revitalization projects.
WHEDA The Wisconsin Housing and Economic Development Association helps borrowers obtain financing on favorable terms to start, acquire, or expand a small business.
Wisconsin Business Development Finance Corporation is a private, not-for-profit corporation created in 1981 to help Wisconsin businesses gain access to capital, create jobs and inspire their community.
Small Business Administration offers a variety of loan programs for very specific purposes. Under the SBA’s loan-guarantee programs, the borrower applies to a lending institution, not the SBA. The lender applies to the SBA for a loan guaranty.
The Center for Technology Commercialization provides one-on-one assistance to early-stage emerging technology businesses throughout Wisconsin. Center consultants are experts in commercialization processes. They have over 60 years of combined experience and have collaborated in acquiring over $100 million in federal and other funding for their clients. The Center is supported by the University of Wisconsin-Extension (UWEX), the Wisconsin Economic Development Corporation (WEDC) and the Small Business Administration (SBA).