Mercer County has partnered with the UCEDC on a County Business Lending Program. These loans come in a variety of different forms and include the following:
Microloans:
General Microloan: loans up to $50,000 at a fixed rate (5.25% - 8.25%) for up to six years with as little as 10% down. Click here for more information.
Rapid Response Loans: loans up to $10,000 (no collateral required) with a decision in two days or less. Click here for more information.
Prime Lock Loans: loans up to $25,000 (no collateral required) in which you can lock in your prime interest rate for up to five years (currently 3.25%). Click here for more information.
Interested?
If you are interested in this item and have some questions, feel free send an inquiry.
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Mercer County Office Economic Development is a proud member of
African American Business Center
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