Any small or medium-sized business located in the Greater Bridgeport area is eligible to receive a Community Capital loan.
Yes, any new company with a business plan is eligible for a loan.
The minimum loan amount is $30,000.
Yes, all loans are personally guaranteed by the principles.
For for-profit businesses, there is a $250 application fee and a 2% commitment fee. For nonprofit organizations, the application fee is $125 and the commitment fee is 1%.