Lending off the beaten path

The Progress Fund provides financing from $20,000 to over $1 million to people who are starting, expanding or buying small businesses.

Our loans:

• Can be used to purchase property, restore and rehabilitate buildings, purchase inventory or equipment, buy the assets of an existing business, and for working capital.
• The interest rate is variable based on the risk of the project.
• Terms are typically five to fifteen years.
• An origination fee and various closing costs are charged.