For many people trying to start or grow a business, securing financing is the biggest hurdle. We, at Community Futures Sagehill are a developmental lender and approach your business loan as unique as you are. We sit down with you directly, discuss your ideas, dive into your business plan and work hard to get you the financing you need.
Flexible, affordable Community Futures loans are specifically designed for start-ups, expansions, or to buy a business in a rural community. Solutions are tailored to meet the needs of the individual business and decisions are made locally.
Business Loan:
- $150,000 maximum to any one entity
- Fixed interest rate and amortization established at time of application
- No repayment penalties
- Application and administration fees will apply
- Financing Fact Sheet - Financing_Fact_Sheet.pdf
- Loan application - Coming Soon
Booster Loan:
- $25,000 maximum
- Eligible uses: working capital, operating expenses
- Fixed interest rate of prime plus 2% (minimum of 5%)
- Interest only payments for the first six (6) months
- Loan term is 36 months (3 years)
- No repayment penalties
- 1.5% annual administration fee
- Online loan application
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- Business Plan Guide - Download PDF
- Cash Flow Worksheet - Download Excel File