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  • 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

    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

    • Term Sheet
    • Fees
    • How to Use the Guarantee


    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