Community Loan Programs

At BLP, we’re not solely based on expanding businesses but also diversifying and expanding communities. We make this possible by offering other community loan programs in addition to the SBA 504 program. Through our community loan programs we help stimulate business growth and foster job creation. BLP and its partners offer a number of financing and tax incentive programs aimed at retaining and encouraging job creation.

 

Racine County

Community Development Block Grant Revolving Loan Fund (CDBG-RLF)

Designed to assist businesses in Racine County,

financing real estate projects, equipment purchases and limited working capital needs.

 

 

 

 

Economic Development Administration

Revolving Loan Fund (EDA-RLF)

 

 

Assisting businesses in Racine County in partnership

with a bank loan; program finances real estate projects, equipment purchases and limited working capital needs.

 

 

 

City of Racine

Racine Development Group (RDG)

 

Promotes business development and real estate projects in the City of Racine, with emphasis on low- and moderate-income neighborhoods.

 

 

 

Industrial/Commercial Building

Revolving Loan Fund (I/CB-RLF)

 

Partners with a bank loan to finance real estate projects that will result in a currently vacant facility in becoming occupied either by the borrowing business or a tenant.

 

 

 

Brownfield Cleanup Revolving Loan Fund (BC-RLF)

 

Promotes Brownfield cleanup; specifically projects

that will reduce environmental threats to the

community, reduce sprawl, preserve greenspace, and generate job growth and economic expansion within the City.

 

 

Click here for the Brownfield Cleanup RLF Application Form

 

City of Burlington

Tax Incremental District Revolving Loan Fund (TID-RLF)

Assists business in Tax Incremental District #3 in the City of Burlington, consisting of the downtown area and part of Highway 36. This program finances real estate projects, furniture, fixtures and equipment purchases and limited

working capital needs.

 

 

Community Development Block Grant Revolving Loan Fund (CDBG-RLF)

 

Assists businesses in the City of Burlington, primarily financing real estate projects, equipment purchases and limited working capital needs.

 

Village of Union Grove

Community Development Block Grant Revolving Loan Fund (CDBG-RLF)

Assists businesses in the Village of Union Grove and its environs; primarily financing real estate projects, equipment purchases and limited working capital needs.

 

Waukesha County

Waukesha County Economic Development Corporation Revolving Loan Fund

Access capital for expanding or locating within Waukesha County.