E-Loan Guidelines


Guidelines
Qualification Criteria:
  • Anyone wishing to start, purchase or expand a business in Edwards County
  • Preference will be given to projects that create quality jobs, increase economic benefits and improve property values and design

Use of Funds:
  • Purchase of business equipment
  • Purchase of business inventory
  • Purchase of real estate
  • Working capital
  • Existing inventory

Fees:
  • $50.00 non-refundable application fee

Repayment:
  • Terms to be determined
  • No penalty for early repayment

Other:
  • Minimum loan request is $2,500 with a $45,000 maximum amount available per applicant business. 
  • Funding may be zero or low interest - rates are structured to match those acceptable Network Partners
  • Complete application & detailed information is available for download here: Edwards County E-Loan Application or by calling Edwards County Economic Development at 620-659-2711.