The Office of Economic and Workforce Development offers low-interest loans to businesses and organizations located outside of Madison that commit to creating or retaining jobs for low- and moderate- income residents of Dane County. CDBG loans are generally intended for high-risk borrowers that have difficulty securing financing from non-federal sources. Loans must be used for eligible CDBG activities, including (but not limited to): fixed assets; machinery and equipment; and working capital.
Dane County has two revolving loan funds (RLFs) that have separate, on-going application cycles. Both funds have been crucial in providing funding for small business development and expansion in the Dane County Urban Consortium.