Tools for Financing Your Wisconsin Business
The most comprehensive statewide finance directory available is: Wisconsin Lending Guide. Access to this directory is available for a fee. Developed as a joint venture between Wisconsin Business Development and the WI Bankers Association, it is updated annually. If you do not wish to purchase the directory, ask to use it at your local bank or from your local economic development representative.
Wisconsin Financial Incentives 2012 (PDF)
This is a synopsis of the programs available through The Wisconsin Economic Development Corporation (WEDC).
Act 125 – Wisconsin Economic Development Programs
The Act requires agencies that administer economic development programs to report to the Legislature annually on the economic development programs.
Wisconsin USDA, Rural Development Program Handbook (PDF), a directory of grant and loan programs for rural businesses, communities and housing.
This is a directory of finance and technical assistance geared to agribusiness enterprises. It is produced by the Wisconsin Department of Agriculture. However, the directory also applies to business in general.
OTHER FINANCIAL RESOURCES
Impact Seven is a statewide, public, nonprofit community development corporation committed to helping Wisconsin companies start, grow and thrive.
Small Business Administration
The SBA works with other lending institutions to providing financing when funding is otherwise unavailable. For details on SBA loans, contact one of the SBA offices.
608-441-5263 or 414-297-3941
Small Business Innovative Research and Small Business Technical Transfer Programs - (SBIR/STTR)
SBIR is a highly competitive program that encourages small business to commercialize new technology. Through a competitive grant application, SBIR funds the critical startup and development stages and encourages the commercialization of technologies, products, or services. To learn how to qualify for the SBIR/STTR program or to receive announcements on available research and development funds, contact the SBIR Program. http://www.wisconsinsbir.org/
1-800-940-7232 or 608-263-7680.
Wisconsin Business Development Finance Corporation - WBD
WBD provides loan packaging and loan services such as finding appropriate and affordable financing, credit analysis, and preparing loan applications. WBD is the primary lender of the SBA 504 loan program.
Wisconsin Community Action Program Association - WISCAP
WISCAP offers Individual Development Accounts which are dedicated savings accounts opened at participating financial institutions by eligible, working, low-income persons. Funds are "matched" and can be used to start a business.
Wisconsin Department of Veterans Affairs
The WDVA Personal Loan Program offers veterans personal loans at low interest rates of up to $15,000 with 10 years to repay.
1-800-WIS-VETS or 1-800-947-8387
Wisconsin Housing and Economic Development Authority - WHEDA
The Wisconsin Housing and Economic Development Authority (WHEDA) serves Wisconsin residents and communities by working with others to provide creative financing resources and information to stimulate and preserve affordable housing, small business, and agribusiness. WHEDA has several small business financing programs.
Wisconsin Women’s Business Initiative Corporation - WWBIC
WWBIC offers small business loans with a maximum loan amount of $35,000 and focuses on pre-loan business assistance.
414-263-5450 or 608-257-5450