Four Rivers NCKBDF Down Payment Assistance Loan Program

The loan program provides down payment loan assistance for business projects that appear viable.

Loan amount available: $50,000 maximum/$5,000 minimum (subject to availability of funds).

Interest rate:

3% fixed for term up to 5 years

5% fixed for term over 5 years

Term: Based on project need

Primary eligibility requirements:

Minimum of 10% from Applicant/Borrower

Bank request for assistance

Good personal credit history

Special features: Unsecured, with owners as co-borrowers.

See Business Finance Program for assistance.