Small Business Loan Program In Mecklenburg County
Meck Lending is offering business loans for small businesses. They are making loans of up to $75,000 to qualified small and start-up businesses in Mecklenburg County. Check and see if you qualify for The Meck Lending loan at Carolina Small Business Development Fund, here. Program objectives of the loan program has non-standard lending features. They include accommodating disadvantaged and veteran-owned businesses. They also consider your level of expertise of business-owners. To find out more information about this program, visit Carolina Business Development Fund. Carolina Small Business Development Fund creates economic opportunities across North Carolina. They support communities by helping entrepreneurs build the businesses of their dreams. below you’ll see more great news about potential loan terms.
- Loan Amount: Up to $75,000
- Interest Rate: Prime
- Term: Up to 10 years
- Repayment: 12 months interest only
- Amortization: 9 years amortization
- Origination Fee: 2% of the loan amount or $500, whichever is lower
- Documentation Fee: $250
- Guarantee: Any person or entity with 10% or more ownership in the business
The organization also offers online training to grow businesses by clicking here.
