About the Program
This real estate program finances up to 90% of the cost of purchasing, expanding, and/or rehabilitating owner-occupied real estate. The program can be used to purchase the building a company is leasing; provide permanent financing for new construction; or fund the renovation/expansion of an existing building.
The capital equipment program funds the purchase of new (up to 70% cost) or used (up to 50%) machinery and equipment that has a minimum 5-year future economic life. Loan amounts can range from $50,000 - $1,000,000 for qualified companies.