Small Business Loan Program

Our Small Business Lending Programs
We have been able to partner with different state and federal agencies to offer the following loan products:

USDA Intermediary Relending Program (IRP loans)
•  Covering 14 counties in eastern NC
•  For new and existing small businesses that have been turned down by traditional banks
•  Aims to create and maintain jobs in underserved communities
•  Maximum loan amount is $150,000

NC Small Business Development Loan Program
•  Offered through our affiliated credit unions for small businesses
•  For new and existing members with limited collateral
•  Maximum loan amount is $50,000

SBA Intermediary Lending Pilot Program
•  Covering 7 counties in mid-western NC
•  For new and existing small businesses
•  Aims to spur economic development through small business development
•  Maximum loan amount is $200,000

US Department of Transportation Short Term Lending Program
•   Funds available for transportation-related contracts funded by US Dept. of Transportation.
•  For Small Disadvantaged Businesses, Service Disabled Veteran Owned Businesses,
   or businesses with DOT DBE certification
•  One year line of credit for up to $250,000, renewable for up to five years.

Download an Application
Small Business Loan Application & Checklist (62K Word Doc)