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  • Business Lending Financing Products

    WHEDA offers many tools to help Wisconsin businesses grow and thrive! If these financing options look like a good fit, contact a Business & Community Engagement Officer in your area to learn more. 

  • Small Business Loan Guarantees

    WHEDA small business loan guarantees help reduce the financial risk to small business lenders and ensure that qualified Wisconsin small businesses have access to funding. 

  • WHEDA Small Business Guarantee (WSBG)

    The WSBG helps to acquire or expand a small business with favorable financing terms.

      Features & Benefits

      • Lower Interest Rate—improves profitability
      • Longer Term and Amortization—lower monthly payment
      • Use for Working Capital—finance more than fixed assets and inventory    
      • Reduce Risk for the Lender—makes it easier to approve the loan

      Term Sheet

         

        Neighborhood Business Revitalization Guarantee (NBRG)

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

        Features & Benefits

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

        Term Sheet

        Contractors Loan Guarantee (CLG)

        The CLG helps contractors complete contracts and build their business.

        Features & Benefits

        • Lower Interest Rate—improves profitability and cash flow
        • Use for Working Capital or Fixed Assets needed to complete a contract or purchase order
        • Reduce Risk for the Lender—makes it easier to approve the loan

        Term Sheet

          Agribusiness Guarantee (AGBG)

          The Agribusiness Guarantee helps new or existing businesses obtain financing on favorable terms to develop or expand production of products using Wisconsin's raw agricultural commodities.

          Features & Benefits

          • Lower Interest Rate—improves profitability
          • Longer Term and Amortization—lowers monthly payment
          • Use for Working Capital—finance more than fixed assets and inventory
          • Reduce Risk for the Lender—makes it easier to approve a loan

          Term Sheet

          • Agriculture Loan Guarantees

            Farms and agricultural businesses play a major role in our state’s economy and continued growth. Since 1985, WHEDA has supported agricultural based businesses through its loan guarantee products.

          • Credit Relief Outreach Program (CROP)

            CROP is a financing resource for farmers that provides guarantees on agricultural production loans.

            Features & Benefits

            • Lower Interest Rate—lowers monthly payment
            • Use for Working Capital
            • Reduce Risk for the Lender—makes it easier to approve a loan
            • Low Cost to access program

            Term Sheet

              Farm Asset Reinvestment Management (FARM)

              FARM is a loan guarantee for agricultural producers who want to start, expand or modernize their operations.

              Features & Benefits

              • Lower Interest Rate—improves profitability
              • Longer Term and Amortization—lowers month payment
              • Reduce Risk for the Lender—makes it easier to approve the loan

              Term Sheet

                 

                Agricultural Production Disaster Assistance Loan Guarantee Program

                The Agricultural Production Disaster Assistance Loan Guarantee Program was specifically designed to offer a financial resource to Wisconsin farmers who have suffered damage from extensive flooding, drought, or other natural disasters.

                To be eligible for this loan guarantee program, a farmer must be unable to obtain conventional financing at reasonable terms. A farmer must demonstrate the likelihood of repayment and available collateral. Finally, the costs to be covered must be related to acts of nature where the Governor has issued a declaration of disaster.

                On August 9, 2016, Governor Scott Walker announced a Federal Emergency Management Agency (FEMA) major disaster declaration for northern Wisconsin counties impacted by July 2016 flooding. The counties named in the declaration are Ashland, Bayfield, Burnett, Douglas, Florence, Iron, Sawyer and Washburn Counties and the Bad River Band of the Lake Superior Chippewa Tribe.

                Farmers affected by the July 2016 northern floods can use the Disaster Assistance Loan Guarantee Program for fertilizer, seed, fuel, pesticides, herbicides, land rent, equipment rental and repair, animal feed, water delivery in connection with commodities adversely impacted, utility bills for the production of an agricultural commodity, and labor costs directly related to planting and harvesting a commodity.

                Term Sheet

                • Transform Milwaukee

                  In an effort to spur greater economic development activity in Wisconsin’s largest city, the Transform Milwaukee Guarantee offers a no-fee business guarantee product for qualified small and medium sized businesses.

                • Transform Milwaukee Guarantee (TMG)

                  The Transform Milwaukee Loan Guarantee (TMG) program is a WHEDA exclusive! TMG was created to help small businesses located in the Transform Milwaukee* area obtain a loan to expand their business. The TMG program was specifically designed to offer an 80% loan guarantee as an incentive for lenders to make loans to eligible Milwaukee small businesses and nonprofits that would otherwise be unable to obtain conventional financing at reasonable terms.

                  * Transform Milwaukee is a public-private partnership focusing on restoring economic prosperity to the industrial, residential and transportation areas connecting the City of Milwaukee’s 30th Street Industrial Corridor, Riverworks, Menomonee Valley, Inner Harbor and the Aerotropolis. For more information, visit www.transformmilwaukee.com.

                  Features & Benefits

                  • Lower Interest Rate - improves profitability
                  • Longer Term and Amortization - lower monthly payment
                  • Use for Working Capital - finance more than fixed assets and inventory    
                  • Reduce Risk for the Lender - makes it easier to approve the loan

                  Term Sheet

                     

                    Transform Milwaukee Initiative

                    Transform Milwaukee Initiative

                    WHEDA supports the Transform Milwaukee Initiative and is focused on supporting 5 core strategies:

                    • Expand business development and innovation with new and existing financing resources to spur job creation
                    • Reduce the number of foreclosed and vacant properties to make neighborhoods more desirable for housing and business development
                    • Foster partnerships between state agencies and nonprofit community groups to increase job training, skill enhancement and educational opportunities
                    • Create storm water runoff conveyance systems – bioswales – as an alternative to storm sewers to prevent future flooding events
                    • Direct resources to established intermodal transportation infrastructure – water, air, rail and highway systems

                     

                  • Participation Lending Program

                    The Partnership Lending Program pairs WHEDA with community lenders, banks, credit unions, community development institutions and other entities that provide commercial loans to Wisconsin businesses.

                  • WHEDA Participation Lending Program (WPLP)

                    The WPLP is intended to provide Wisconsin businesses with financing that could not otherwise be secured through traditional lending. The program partners WHEDA with local community Participating Lenders, banks, credit unions, economic development corporations, community development financial institutions, small business investment corporations, and other entities that provide commercial loans in the state.

                    FEATURES AND BENEFITS

                    • Reduced Risk for the Participating Lender
                    • Provides Access to Competitively-Priced Gap and Mezzanine Financing
                    • Available for Use During Construction

                    Term Sheet

                    SBA 504 Bridge Financing

                    WHEDA’s 504 participation program provides lenders with participation financing during the interim period before the sale of the SBA guaranteed debenture.

                    Purpose

                    WHEDA’s 504 participation program provides lenders with participation financing during the interim period before the sale of the SBA guaranteed debenture.

                    Eligible Borrowers / Projects

                    • For-Profit, certain cooperatives, or other entities meeting criteria established by WHEDA and SBA.
                    • Projects demonstrating job retention/creation, strong community support, and which qualify under 1, 2, or 3 below.

                    Term Sheet