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