Lending Partners
Connecticut's Lending Partners initiative funds business growth, innovation, and job creation through diverse loans and support services for companies statewide.
Funder: Connecticut Department of Economic and Community Development
Due Dates: Rolling
Funding Amounts: Loan amounts and investment sizes vary by program and partner; typical loans range from $5,000 to $500,000, with some programs offering up to $500,000 or more.
Summary: Financing options supporting Connecticut businesses of all sizes for capital needs, growth, and job creation.
Key Information: Multiple programs and lenders; eligibility, terms, and application steps vary by funding source.
Description
Connecticut's Lending Partners initiative provides a suite of financing options to support businesses at all stages of growth. Through direct funding from the Connecticut Department of Economic and Community Development (DECD), Connecticut Innovations, and a network of local and regional revolving loan funds, the program aims to foster economic development and job creation statewide. Funding can be used for equipment, construction, leasehold improvements, training, working capital, and other business growth activities. Lending Partners connects applicants with a variety of state, quasi-public, nonprofit, and private lenders, each with specialized loan products and support services.
