Overview

The Two Percent Loan and Alternative Financing programs help small business owners fix buildings or buy equipment. These are loans, so you have to pay the money back. You also need to get some money from a private lender to match the loan.

We’re making changes to the program rules. These updates will raise loan amounts to keep up with inflation and make it easier to understand who can apply and how we review applications. We’re also updating the forms we use with partner lenders to make them clearer.

Read about the Two Percent Loan program

Read about Alternative Financing

What to know

Comments are due by 4 p.m. on Wednesday, Nov. 5.

Read the draft documents