Small Business Loan Program in Mecklenburg County

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Meck Lending Small Business Loan Program

Meck Lending offers small business loans. They provide loans of up to $75,000 to qualified small businesses and start-ups in Mecklenburg County. Check and see if you qualify for The Meck Lending loan at the Carolina Small Business Development Fund, here. The program objectives of the loan program have non-standard loan characteristics. They include hosting disadvantaged and veteran-owned businesses. They also take into account your level of business owners expertise. To learn more about this program, visit Carolina Business Development Fund. The Carolina Small Business Development Fund creates economic opportunity throughout North Carolina. They support communities by helping entrepreneurs build the businesses of their dreams. below you’ll see more great news on potential loan terms.

  • Loan amount: up to $75,000
  • Interest rate: Prime rate
  • Duration: up to 10 years
  • Repayment: 12 months interest only
  • Amortization: 9 years of amortization
  • Origination fee: 2% of loan amount or $500, whichever is less
  • Documentation fee: $250
  • Collateral: Any person or entity with 10% or more ownership in the business

The organization also offers online training to grow businesses by clicking here.

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