Minority Construction Loan Program
The Minority Construction Loan is for City of Cleveland Certified MBE construction contractors and construction supply firms to purchase inventory and/or equipment. The loan cannot exceed 75% of the total project costs. Loan terms are for up to 90 months with the first six months of interest only payments.
Applicants must show that traditional bank financing is not available; or not available in the amounts needed; or at terms the company cannot afford to do the project.
For complete program details and eligibility requirements, please download the Minority Construction Loan Program brochure.
To apply please fill out our application.