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Product:
- loans up to $250,000
- lines of credit
- term loans
Eligibility / Application Criteria:
- for profit and not for profit businesses
- meets CEDF eligibility requirements (see requirements)
- in business longer than three (3) years
- no business plan required
- three (3) years of tax returns
- one page marketing/management statement
Terms:
- Tied to cash flow of business
- No prepayment penalty
Uses:
- Must be to fund the growth of an existing business
- Working Capital
- Equipment or machinery
- Inventory
- Owner occupied real estate
- Other legal purposes
Pricing:
Collateral:
Contact: Jim Wood
(860) 249-3800 ext. 309 or
(800) 656-4613
Download Application
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In this section
CEDF will be
moving its offices to 965 East Main Street in Meriden in May of 2008. The new
location, on the site of the former Lane Construction building,
will make us more centrally accessible to community partners and clients
throughout the state.