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Need financing for your business?
A variety of financing programs exist to help small and medium-sized businesses
gain access to capital:
|
RESOURCE
|
TYPE OF LOAN
|
$ AMOUNT/ LIMITS
|
| Self-Employment
Loan Fund (SELF) |
Peer Lending Program (PLP); particularly good for start
ups |
$200 to $5,000 |
| SELF
|
Individual Loan Program (ILP); follow
up loan to start-up PLP or for newer businesses |
$3,000 to $15,000 |
| Chicanos
Por La Causa (CPLC) |
Small business microloans for all types of businesses
|
$2,000 to $35,000 |
| U.S.
SBA 7A Guaranty Program |
Lines of credit or term loans for most
business purposes; refinancing is permitted; available through SBA qualified
lenders |
$50,000 to $2,000,000 |
| U.S.
SBA 504 Program |
Fixed asset acquisition only; real estate, equipment (no
rolling stock); available through Southwest Business Financing Corporation,
an Arizona CDCLP |
$250,000 to 1,500,000 |
| City of Phoenix (COP) - Expansion
Assistance and Development (EXPAND) Program |
Supplies additional collateral on business
expansion loans; works with a conventional commercial loan or SBA loan |
Collateral dollars available up to 25%
of approved loan amount (50% in Phoenix Enterprise Community); maximum of
$150,000 |
| COP
- IDA Tax-Exempt Bonds |
Bond financing for larger manufacturers and nonprofit
organizations |
Issuances of $1,000,000 to $10,000,000 |
Return to Business Assistance Page
Last Modified on
12/31/2007 11:24:38
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