City of Chicago, LaSalle Bank, CCV Announce New Loan Fund for Small Businesses
The City of Chicago, LaSalle Bank and Chicago Community Ventures are pleased to announce the launch of a new loan program for Chicago's small business owners.
The program is targeted to businesses with less than $5 million in revenues and who are seeking capital to grow their business. Term loans and purchase order financing between $25,000 and $250,000 with extremely favorable interest rates and low origination fees will be available to qualified businesses. Minority and women-owned businesses are encouraged to apply.
More details are available here.
For more information please call 773.822.0320.
This program is made possible through funds from the concession sale of the Chicago Skyway and through a partnership between the City of Chicago, LaSalle Bank and Chicago Community Ventures.