Brian Doudna, Executive Director
| 101 North Farwell Street. Suite 101 | 715.834.0070 or 1.800.944.2449 | ec.info@eauclaire-wi.com |
| PO Box 1108 | 715.834.1956 (fax) | |
| Eau Claire, WI 54702 |
Many business development programs exist to assist your business with its financing needs. This section provides links to key service providers of government related programs that can
work separate from or in concert with commercial loans from area financial institutions.
The number and variety of business financial programs can be confusing. The Economic Development Corporation staff of Eau Claire WI recommends
contacting us to discuss your project.
Small Business Administration
SBA provides a number of financial assistance programs for small businesses, two of the most used programs are the 7(a) and the 504.
7(a) Program View Website 7(a) Program provides a guaranty to commercial lenders. This means, the loan provided by commercial lenders to a local business receives a guaranty from SBA on a portion of this debt.
504 Program View Website The 504 Program provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings.
WI Department of Commerce
The Wisconsin Department of Commerce provides a variety of financial programs to advance start-up, existing and expanding businesses.
Capital Financing Programs Direct Loans
Industrial Revenue Bonds
Tax Credits
Technology Development Programs
Technology Based Development
Minority owned/women owned and the dairy businesses
Business Development
Employee Training Programs
Customized Labor Training
Workforce Advancement Training Grant
WI Housing and Economic Development Authority (WHEDA)
View Website Phone: 800.334.6873
Offers several small business financing programs (direct loans and loan guarantees), some specifically designed for women and minority owned businesses.
The number and variety of business financial programs can be confusing. The Economic Development Corporation staff of Eau Claire WI recommends
contacting us to discuss your project.
Small Business Administration
SBA provides a number of financial assistance programs for small businesses, two of the most used programs are the 7(a) and the 504.
7(a) Program View Website 7(a) Program provides a guaranty to commercial lenders. This means, the loan provided by commercial lenders to a local business receives a guaranty from SBA on a portion of this debt.
504 Program View Website The 504 Program provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings.
WI Department of Commerce
The Wisconsin Department of Commerce provides a variety of financial programs to advance start-up, existing and expanding businesses.
Capital Financing Programs Direct Loans
Industrial Revenue Bonds
Tax Credits
Technology Development Programs
Technology Based Development
Minority owned/women owned and the dairy businesses
Business Development
Employee Training Programs
Customized Labor Training
Workforce Advancement Training Grant
WI Housing and Economic Development Authority (WHEDA)
View Website Phone: 800.334.6873
Offers several small business financing programs (direct loans and loan guarantees), some specifically designed for women and minority owned businesses.
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