There are a variety of government assistance programs available to small businesses on the local, state and national levels. This assistance normally takes the form of targeted loan packages or loan guarantees. In general, there is not grant money available for small businesses. The following is a highly selected list of some of the government programs available. This list is not exhaustive, but it is illustrative of the programs that exist.
Interest is typically below the prevailing prime rate.
Contact your local Economic Development Council for status of funds and requirements. Wisconsin Development Fund is available for loans to businesses which will have a major economic impact on the state. Applications are issued in August and due by October 1 of each year. Generally bridge financing. The Small Business Loan guarantee is designed to help an existing business that is unable to obtain conventional financing at reasonable terms.