Do you need funding to help launch your new business? Looking to expand your existing business? Or maybe you need help to purchase a new piece of equipment for your business?
We can help.
The EBRC promotes all levels of sustainable business with business loans, from new start-ups to large established businesses. Since inception, the EBRC has granted over 600 loans to local businesses totalling over $21M. We can help your business when banks and other traditional lending institutions are not available to you or can’t meet your needs.
Our start-up loans are available to new businesses with an interest rate of 2% over prime. Other loans are available for business needs such as equipment purchases, expansions and successions at competitive interest rates, from 2% over prime to 9.5%. We consider all varied aspects of each application, including terms that work for you. In addition to flexible lending, our skilled business advisors assist you through every step of the loans process.