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What's New in Linked Deposit Loan (LiDL) Subsidy

LiDL Overview - On-Demand Training Presentaion


LiDL provides an interest rate subsidy on lender financing to women or minorities who start-up or expand a business.

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Features & Benefits

  • Lower Interest Rate—improves profitability
  • Use for Start-up, Acquisition or Expansion Costs—meets financing needs
  • Use in conjunction with WSBG, SBA or conventional financing—allows you to take advantage of other financing products

 

Terms & Fees

Outlines the terms of the subsidy and the fees that the business will incur.

 

How to Use LiDL

Gives you a summary of the process.

 

Frequently Asked Questions

For Businesses

General
Eligible Businesses
Eligible Use of Loan Proceeds
Procedures

For Lenders

General
Eligible Businesses
Eligible Use of Loan Proceeds
Procedures

 

Eligibility

Business Eligibility
What types of businesses are eligible?
Use of Loan Proceeds
What are the eligible uses for the proceeds of a WHEDA subsidized loan?

 

Guidelines

WHEDA Small Business Financing Manual
A complete explanation of the procedures and guidelines for all WHEDA small business financing products.
Printable version.
WHEDA Small Business Forms
Available in .pdf and .exe formats.
WHEDA Small Business Financing Updates
Keep up to date on what's happening with WHEDA small business financing products.