Working Capital Loan Program
The Working Capital Loan Program helps companies that need additional working capital beyond their traditional lines of credit by providing low interest loans currently below 3%. City Assistance is designed to bridge the gap and help the company purchase the inventory and raw materials needed to fulfill orders.
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. Applicants must also demonstrate how assistance will provide necessary working capital to meet their inventory demand.
For complete program details and eligibility requirements, please download the Working Capital Loan Program brochure.
To apply please fill out our application.