There are limited sources available for funding a business today. The credit market has tightened, and government grants are not readily available.
Small business owners do have options. Launch Box Business Resource Center staff can navigate business owners through forms, requirements, and lending options.
Business Lending Partners - Low interest loans to finance real estate purchases, renovation and new construction; equipment; furniture and fixtures; in some cases, working capital. Projects are financed in partnership with primary lenders.
Wisconsin Women's Business Initiative Corporation (WWBIC) - Small and micro business loans up to $100,000 for machinery, equipment, furniture, fixtures, leasehold improvements, inventory, supplies and working capital. Real estate is ineligible.
Community Economic Development Corporation - City of Racine Minority Revolving Loan Fund (RLF) for real estate, renovation and limited working capital.
Wisconsin Economic Development Corporation - Provides low interest loans to hi-tech start-up companies in various stages.