Members now have access to low interest loans of up to $20,000 through the Chamber. The maximum loan amount was recently increased from $10,000. Fixed and variable interest rates are also available. The changes were recommended by the Low Interest Loan Committee and approved by the Board in January.
Funds loaned by the Chamber can be used for a variety of business needs including renovations and equipment purchases. The Committee reviews all applications and makes a recommendation to the Chamber Board, typically within 30 days. For additional details, download the guidelines and application or contact Fred Gaffney at the Chamber.