Office of Minority and Women’s Business Enterprises (OMWBE)

March 10th, 2016

  • The funds may be used for expansion, real estate acquisition, working capital, equipment purchase, improvements, lines of credit, debt refinancing – depending upon bank approval.
  • Interest rate up to 2% below the market rate; terms up to 10 years; Maximum loan amount is $1 million
  • There is a separate Linked Deposit Program for Veterans.

Contact Name: Gerald Ballard, Management Analyst

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