Frequently Asked Questions for Businesses: Procedures
Other Business Questions
General
Eligible Businesses
Eligible Uses of Loan Proceeds
How do I apply for a WHEDA guarantee? 
After determining your financing needs, contact a lender to discuss
your project and financing options. If it is determined that a loan guarantee
is needed, complete the WHEDA Loan Guarantee Application jointly with
your lender. When complete, your lender will forward the application to
us.
How do I find a lender in my area?
Click here to find the lenders in
your county.
What will my lender need from me?
To begin with, provide your lender the following:
- A business plan or written description of your business and the project
to be financed;
- Historical and current financial information;
- Projected revenues and expenses for the next 2-3 years and written
assumptions used to support the projections; and
- Personal resumes and financial statements of all owners.
How long does the process take?
Once we receive your complete application, a decision will be made within 3 to
6 business days.
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