Advance Microloan Program
Green Bay Chamber of Commerce
2701 Larsen Road
Green Bay, WI 54303
Contact: Marianne Dickson
Phone: 920.496.2111 >>
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The progressive microloan program – only one of a few in the state – is geared to entrepreneurs and small businesses. It’s intended to fill a gap for small businesses and local entrepreneurs seeking to create, improve or expand their business opportunities, businesses who might not be eligible to more traditional means of financing due to their small size and/or lack of proven track records.
The program is designed to provide loans from $5000-$100,000 to start-up, newly established and emerging businesses located in Brown County. Loans can be made only to those businesses which are organized as “for-profit” and who are actively managed by its owners. Loans may be used for the purchase of machinery and equipment, inventory and working capital, including payroll, insurance premiums, legal and accounting purposes.
Wisconsin Housing and Economic Development Authority
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The Wisconsin Housing and Economic Development Authority (WHEDA) offers innovative products and services in partnership with others to link Wisconsin residents and communities with affordable housing and economic development opportunities. WHEDA works closely with lenders, developers, local government, nonprofits, community groups and others to implement its low-cost financing programs. WHEDA works with developers to support economic development and agriculture through small business guarantee programs and New Market Tax Credits.
U.S. Small Business Administration
Wisconsin District Office
310 West Wisconsin Ave. Room 400
Milwaukee, WI 53203
(414) 297-3941 Fax (414) 297-1377
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SBA’s mission is to help small businesses start, grow, and compete in global markets by providing quality training, counseling, and access to resources. SBA offers a variety of loan programs for very specific purposes. The Section 7(a) Loan Program includes financial help for businesses with special needs. The SBA 504 Loan program offers small businesses financing through participating lenders for business growth and job creation. The Microloan Program provides small, short-term loans for working capital, purchase of inventory, supplies, furniture, fixtures, machinery or equipment.