Tampa Bay Economic Development Loan Program is designed to foster the economic development and financial growth of small businesses in the Greater Tampa Bay area.
Minimum loan size is $10,000 and maximum is $75,000. Borrowers are expected to provide a minimum 10 percent equity injection into individual projects.
|Loan Amount||Minimum $10,000|
|Use Of Loan Proceeds||Any business need|
|Eligibility||Must be a for profit business. Demonstrate the ability to repay the requested loan. Must have experience in their selected industry if starting a new business.|
|Term||Varies based on the purpose and collateral.|
|Borrower’s Cash Participation||Minimum 10% of project costs|
|Deposit to review loan application||$100.00|
Please contact us more information or application procedures.