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The Akron Resiliency Fund was a partnership between WRCF while the town of Akron. Making use of town of Akron society progress neighborhood offer (CDBG) financing, the fund provides inexpensive organization lending products between $10,000 and $70,000 to help you balance Akron’s small enterprises. Continued, this fund will remain in perpetuity, encouraging rise in the tiny organization neighborhood of Akron while motivating more investment within regional market.
The Akron Resiliency account offers two different finance goods. For businesses that are more than one year aged, finance of between $10,000 and $70,000 can be found, as well as businesses that were about one year aged, finance of between $10,000 and $20,000 are available.
You might use the desk below to calculate payments for the finance time:
Small business owners should verify eligibility for any Akron Resiliency account by entering the companies address from the town of Akron’s Akron Resiliency Fund Locality qualifications web page and reviewing the eligibility standards more. After verifying eligibility, businesses should finalize and publish the Akron Resiliency account testing form. WRCF associates will look at the testing form and forward loans software and ask for for more info to your applicant.
Applicants must ready to provide WRCF all of the following records:
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