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Lending off the beaten path

The Progress Fund provides financing from $20,000 to over $1 million to people who are starting, expanding or buying small businesses.

Our loans:

  • Can be used to purchase property, restore and rehabilitate buildings, purchase inventory or equipment, buy the assets of an existing business, and for working capital.
  • The interest rate is variable based on the risk of the project.
  • Terms are typically five to fifteen years.
  • An origination fee and various closing costs are charged.

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