**Now Taking Applications**
Applications will be accepted online only on a rolling basis until all funds are encumbered.
Funds are limited. Not all applications will be funded.
This is a loan program, not a grant. Re-payment is required.
A loan contract with security, including personal guaranty required before funds are disbursed.
What is it?
A micro enterprise loan fund for Crawford County businesses to help you get started with your business endeavors.
The Micro Enterprise Loan Fund is a funding partnership with Crawford County Economic Development Corporation (CCEDC) and Radius Indiana. The CCEDC funds are leveraged with the Radius Indiana funds.
Businesses can request up to $10,000 in funding.
Funding will be distributed on a rolling basis until all funds are exhausted. As funds are limited, we will select businesses that will be the most impacted by funding.
Who is eligible?
Businesses who are…
- Operating in Crawford County
- Have less than 30 employees
- Current on all taxes
- NOT a franchisee
- Profitable in 2019 (must demonstrate profitability)
What are the terms?
- No payment for 90 days from the signed contract date
- Three Year Term
- Interest Rate of 1.50%
- Closing costs are paid by the CCEDC and the application fee will be waived
Submit Affidavit, Credit Check, & 2020 Financials
Sign Loan Agreement
Receive Funds Electronically
Contact Michael Thissen with any questions