Durham LIT Loan Support
Our Durham LIT Loan Support helps established Durham businesses that need flexible capital to expand, strengthen, or stabilize their operations. The program is delivered in collaboration with CSBDF and the City of Durham, leveraging a city-backed loan guarantee to increase access to financing and promote small business growth and resiliency.
ABOUT THE
PROGRAM.
Our Durham LIT Loan Support helps established Durham businesses that need flexible capital to expand, strengthen, or stabilize their operations. The program is delivered in collaboration with CSBDF and the City of Durham, leveraging a city-backed loan guarantee to increase access to financing and promote small business growth and resiliency. With a streamlined intake and underwriting process, get the capital you need to succeed!
Terms
Eligibility
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Loans up to $75,000
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Loan terms up to 5 years
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Collateral based upon amount requested
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Loans available for existing businesses with 2+ years experience
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Loans available for small businesses in Durham
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Eligible uses include working capital, vehicle and equipment purchases, and more!
Rates
Available for a limited time!
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Competitive interest rates
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2% interest rate buy down for Durham-based businesses
READY TO APPLY?
Complete the request for counseling form below!
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Questions? Contact Jonathan Collins at jcollins@carolinasmallbusiness.org
“The team at CSBDF held our hand the entire way. It was a great experience. They made sure to set us up in a way that made our application special and complete, and they really helped us understand our business more on the back end. We felt confident we knew our stuff thanks to CSBDF.”
-- Alexis Freycinet, Owner of Durham-based Steelo Salon
