Offered by Community Futures Huron, small enterprise loans are available to Huron County based entrepreneurs. Any business that operates within the borders of Huron County, new or existing, may apply for a loan after having been declined by traditional sources. Each business may apply for a loan up to $150,000. Approved loans are assessed an interest rate of 8%. Loans can be amortized up to 10 years and may be repaid early. The application process requires completion of a business plan.
Community Futures Huron provides Micro-enterprise Loans.
Modeled after the Rural Enterprise Loan Fund launched by WRED and local credit unions in the 1990s, micro‐loans provide an opportunity for clients to establish a credit history by operating small‐scale ventures that are often home‐based.
Contact Paul Nichol, General Manager or Business Coach Tina Heathers for more information.
Click the link below to download our Business Loan Application: