HEDCo/ Greater Hartford Business Development Center

HEDCo/ Greater Hartford Business Development Center Revolving loan funds that are designated to encourage growth and stimulate small and mid-sized industries and businesses, resulting in the creation and retention of jobs in the region.

What's the value to me?

If you are looking for loans averaging around $100,000 for the purchase of machinery, equipment, inventory or real estate. 

Description & Overview

Revolving loan funds that are designated to encourage growth and stimulate small and mid-sized industries and businesses resulting in the creation and retention of jobs in the region.

Eligible Uses

  • Acquisition and/or renovation of commercial or industrial real estate.
  • Purchase of machinery and equipment.
  • Purchase of inventory, financing of receivable and the overall enhancement of working capital.

Loan Amounts

  • Vary from $30,000 to $250,000 depending on loan programs

Criteria

  • Criteria depends on loan
  • The approval process consists of several steps designed to obtain necessary information for the diligent review of the project under consideration.

Contact

15 Lewis St.
Hartford, CT 06103

W: HEDCo/ GHBDC

Categories:

Debt
Capital / Funding

Phases:

Launch
Scale
Plateau

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