Targeted loan programs help Stafford’s business community prosper

Micro Loan Fund

The Micro Loan Program provides low-cost, short-term financing aimed at growth opportunities and immediate needs of new and existing businesses. Eligible businesses include, though are not limited to, retail businesses, service enterprises, small batch manufacturing firms, makers, and advanced technology businesses. Businesses must be registered and current with Stafford County.

Business Growth Fund

The Business Growth Fund provides market-rate gap financing to businesses for commercial real estate development; furniture, fixtures, and equipment; inventory; and working capital.
Eligible businesses include commercial real estate development companies, non-profit organizations, non-profit CDCs engaged in real estate development projects, commercial and industrial businesses, wholesale, retail, service enterprises, advanced technology companies, and manufacturing firms. Businesses must be registered and current with Stafford County.

To learn more about EDA loan programs, contact Josh Summits.