Business Capital Fund: This is a revolving loan fund (RLF) designed to address a gap in private capital markets for long term-fixed rate, low down payment, low interest financing. Download a BCF Loan Application.
City of Black River Falls Economic Development Fund: The City of Black River Falls can provide loans at below market interest rates for new or expanding businesses. Loan terms and conditions are based on the size of project, number of jobs created, and contribution to the tax base. Please contact Brad Chown brad.chown@blackriverfallswi.gov.
Jackson County Revolving Loan Fund: Jackson County can provide gap financing for new or expanding businesses that create jobs. Loan terms and conditions are generally the same as the Business Capital Fund with greater loan amounts and more flexibility for larger projects. For more information contact Kyle Deno kyle.deno@co.jackson.wi.us.
Jackson Electric Cooperative: Supplemental loans and grants may be available for new businesses that create jobs within the Cooperative's service territory. Commercial rebates and incentives may also be available. Please contact Kevin Babcock kevinb@jackelec.com.
TIF Financing: Tax Increment Financing dedicates tax increments within a certain defined district to finance debt issued to pay for the project. TIF creates funding for "public" projects that may otherwise be unaffordable to localities, by borrowing against future property tax revenues.
Other loans may be available from local financial institutions:
Black River Country Bank
Co-op Credit Union
Jackson County Bank
Waumandee State Bank