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Downtown Inquiries
The FVEDC has a commitment to helping businesses identify financial resources to assist with capital building construction/renovations... More… The FVEDC has a commitment to helping businesses identify financial resources to assist with capital building construction/renovations costs to purchasing equipment needed to operate your business. The FVEDC-RLF provides assistance for businesses looking to borrow funds at a low-interest rate for operating capital, machinery/equipment and new building construction/renovation. The minimum loan amount is $5,000; the maximum loan amount is $80,000. Projects are selected on a case-by-case basis and will be evaluated on the projects potential amount of capital investment and job creation. The FVEDC Board of Directors are responsible for recommending a project for funding while also evaluating the borrower’s ability to repay loan financing.Less…
