Community Economic Development Fund
Standard Loans
($50,000 to $250,000)
- Term loan or line of credit
- Payments
- Repayment terms
- Business development advisor
Fast Funds Loans
(Up to $10,000)
- Streamlined application
- Quick approval
- Interest rates and terms
- Collateral
- No prepayment penalties
- Eligibility
SBA Microloans
(Up to $50,000)
- Can combine with other CEDF loans up to $150,000
- For for-profit businesses
Grow Your Business Loans
($50,000 to $250,000 and In Business at Least 3 Years)
- For existing businesses with an opportunity for growth
- Simplified application process
- Term loan or line of credit
- Payments
- No pre-payment penalties
- Repayment terms
- Business development advisor
- Uses
- Costs
Loan Enhancements
- Micro Loan Guarantee Program for Women and Minority Business Owners
- Connecticut Inner City Business Loan Guarantee Program