Discover West Haven» Small Business Loan Program http://discoverwesthaven.com West Haven Economic Development Sat, 22 Oct 2011 11:47:28 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Small Business Loan Program http://discoverwesthaven.com/small-business-loan-program/ http://discoverwesthaven.com/small-business-loan-program/#comments Mon, 10 Aug 2009 20:40:11 +0000 Administrator http://discoverwesthaven.com/?p=1884 The City of West Haven is committed to the success of your small business.  We have enlisted assistance from the Connecticut Small Business Development Center (SBDC), the Community Economic Development Fund (CEDF), and the West Haven Community Development Administration (CDA).  Whether you need business plan writing assistance, new signage or facades, startup funding or non-bankable loans, these organizations are available to help you.

Micro Loan Guarantee Program for West Haven Business Owners

In conjunction with the City of West Haven, CEDF offers flexible financing to new and existing businesses within our community that are looking to expand.  CEDF provides the loan and the city provides a 30% guarantee. This guarantee is particularly helpful to start up businesses that need a greater degree of flexibility in obtaining a loan.  In addition, the small businesses get a reduction of 1% on their interest rate.

Eligibility:
Business must be located in West Haven

Special benefits to borrower:
provides 30% guarantee that serves as collateral
lowers the interest rate by 1%

For more information about CEDF’s small business loans, please contact Scott Arnold, Loan Specialist, at s.arnold@cedf.com or 203-235-2333 ext. 2020 or visit the CEDF website www.cedf.com.

Business Plan Writing Assistance
For free business plan writing and revising assistance, please contact Ken Kollmeyer, Business Development Specialist, at kollmeyerkes@ccsu.edu or 203-392-5196 or visit the SBDC website www.ccsu.edu/sbdc for more information on their services.

Online Training Workshops:
Click Here

For more information and updates from the City of West Haven, please contact the Planning and Development office at 203-937-3580.

For a printable information sheet, click here.

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