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What's New in Neighborhood Business Revitalization Guarantee (NBRG)

NBRG Overview - On-Demand Training Presentaion


The NBRG helps to bring or expand business, or develop or rehabilitate commercial real estate in an urban area.

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Features & Benefits

  • Lower Interest Rate-improves profitability
  • Revitalizes Distressed Urban Areas - improves neighborhoods
  • Reduces Risk for the Lender - makes it easier to approve the loan

 

Terms & Fees

Outlines the percentages and terms of the guarantee and fees that the business or developer will incur.

 

How to Use NBRG

Gives you a summary of the process.
For Businesses and Developers
For Lenders

 

Eligibility

Business/Developer Eligibility
What types of businesses or developments are eligible?
Use of Loan Proceeds
What are the eligible uses for the proceeds of a WHEDA guaranteed loan?

 

Guidelines

What does WHEDA look for when underwriting an application?
Quick Reference to Credit Guidelines for when the borrower is a:
Business (non-developer)
Developer
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.