The WWBIC Small Business Loan offers loans ranging from $1,000 to $350,000 for start-up and established businesses. The program is designed to assist entrepreneurs in Wisconsin by providing essential capital to support their growth. Applicants are required to submit a completed business plan with three years of financial projections and ensure they meet specific eligibility criteria.
Wisconsin programs providing financial assistance for entrepreneurs
Wisconsin operates seven small business finance programs: one capital access program, two loan participation programs, one collateral support program, and three venture capital programs. The Wisconsin Department of Administration will be the implementing entity and will contract with the Wisconsin Housing & Economic Development Authority (WHEDA) and the Wisconsin Economic Development Corporation (WEDC) to administer the approved programs. MEDC will assist in the administration of the Capital Access Program.
Featured state lenders
WBFG Small Business Loan Products
Wisconsin Business Financing Group offers a variety of loans and financing options to help you get the capital you need to grow your business. Financing options include SBA business loans, start up business financing, real estate financing and more.
CGC Working Capital Loans
Every business needs sufficient working capital to pay bills on time, secure more customers and contracts and to better manage business growth. Get the capital you need now to keep your business moving toward the future!
WI SSBCI program details at a glance
State Small Business Credit Initiative (SSBCI) program administrator(s): Wisconsin Department of Administration, the Wisconsin Housing & Economic Development Authority (WHEDA), and Wisconsin Economic Development Corporation (WEDC)