Tools for Financing Your Wisconsin Business
The most comprehensive statewide finance directory available is: WI Bankers Assoc. Economic Development Manual. This directory is available for a fee from the WI Bankers Association. It is updated annually. If you do not wish to purchase the directory, ask to use it at your local bank. Wisconsin Financial Incentives 2012 (PDF)
This is a synopsis of the programs available through The Wisconsin Economic Development Corporation (WEDC). Act 125 – Wisconsin Economic Development Programs
The Act requires agencies that administer economic development programs to report to the Legislature annually on the economic development programs. Grants and Funding Directory
Created by R.A. Smith National, the Grants and Funding Directory is for communities, non-profits, businesses and others seeking financial resources. The directory is comprised primarily of state of Wisconsin and federal funding programs. The directory is a single resource for approximately 250 funding programs available through nearly 100 local, state and federal agencies and organizations. There is no charge, but you must register to use the directory. GotMoola (PDF)
This is a directory of finance and technical assistance geared to agribusiness enterprises. It is produced by the Wisconsin Department of Agriculture. However, the directory also applies to business in general. OTHER FINANCIAL RESOURCES Impact Seven
Impact Seven is a statewide, public, nonprofit community development corporation committed to helping Wisconsin companies start, grow and thrive.
http://www.impactseven.org
608-251-8450 Small Business Administration
The SBA works with other lending institutions to providing financing when funding is otherwise unavailable. For details on SBA loans, contact one of the SBA offices.
http://www.sba.gov
608-441-5263 or 414-297-3941 Small Business Innovative Research and Small Business Technical Transfer Programs - (SBIR/STTR)
SBIR is a highly competitive program that encourages small business to commercialize new technology. Through a competitive grant application, SBIR funds the critical startup and development stages and encourages the commercialization of technologies, products, or services. To learn how to qualify for the SBIR/STTR program or to receive announcements on available research and development funds, contact the SBIR Program. http://www.wisconsinsbir.org/
1-800-940-7232 or 608-263-7680.
Wisconsin Business Development Finance Corporation - WBD
WBD provides loan packaging and loan services such as finding appropriate and affordable financing, credit analysis, and preparing loan applications. WBD is the primary lender of the SBA 504 loan program.
http://www.wbd.org.
1-800-536-6799 Wisconsin Community Action Program Association - WISCAP
WISCAP offers Individual Development Accounts which are dedicated savings accounts opened at participating financial institutions by eligible, working, low-income persons. Funds are "matched" and can be used to start a business.
http://www.wiscap.org
608-244-4422 Wisconsin Department of Veterans Affairs
The WDVA Personal Loan Program offers veterans personal loans at low interest rates of up to $15,000 with 10 years to repay.
http://www.dva.state.wi.us
1-800-WIS-VETS or 1-800-947-8387 Wisconsin Housing and Economic Development Authority - WHEDA
The Wisconsin Housing and Economic Development Authority (WHEDA) serves Wisconsin residents and communities by working with others to provide creative financing resources and information to stimulate and preserve affordable housing, small business, and agribusiness. WHEDA has several small business financing programs.
http://www.wheda.com
1-800-334-6873 Wisconsin Women’s Business Initiative Corporation - WWBIC
WWBIC offers small business loans with a maximum loan amount of $35,000 and focuses on pre-loan business assistance.
http://www.wwbic.com
414-263-5450 or 608-257-5450
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