Small Business Lending | Economic And Community Development Institute

Provides low-barrier, responsible loan capital. Loans range from $750 to $2,000,000 . Repayment terms from 6 to 120 months . Interest rates average 5% – 9.25% . Closing costs are included in the loan . Training and resources are included . SBA loans and other funds are available . Loans can be used for business purpose including working capital, equipment, inventory, construction, and real estate.

Data provided by

LSS 211 Central Ohio

Physical Address

1655 Old Leonard Avenue, Columbus, OH 43219

Hours

Mon-Fri 9 am-5 pm.

Fax

(614) 732-0986

Application process

Website.

Fee

Applicant must pay a $25 fee and may be asked to take specific training courses some of which are fee based.

Eligibility

Refugees, immigrants, and low to moderate income families.

Service area

Ohio
Franklin County, Ohio

Agency info

Economic And Community Development Institute

Serves low-income households through its Small Business Development programs, training and technical assistance, small business loans and matched grants.