MEDC is a certified Community Development Financial Institution (CDFI) that provides lending to Milwaukee area businesses along with the six surrounding counties for-profit businesses. 

Our goal is to help you find the access to capital you need to grow your business, through technical assistance and resource referrals, while facilitating business investment that will benefit Milwaukee through job retention, job creation, and neighborhood stabilization. 

Typically, MEDC works with a bank, savings & loan, or credit union partner to provide the financing your project needs. Check with your current banking partner or we can refer you to a lender we have successfully partnered with.

Loans Purpose:

• Real Estate - Acquisition
• Real Estate - Improvements
• Real Estate – New Construction
• Business Acquisition
• Business Expansion
• Equipment

Typical Terms:

• 5-year loan
• Amortization to match banking partner loan or the estimated life of the asset
• Interest rates at or below market rates
• No prepayment penalty
• No application fees

Typical Loan Requirements:

• 10% equity investment into the project
• Life Insurance on owners which are assigned to MEDC
• Satisfactory credit report
• Secured personal guarantees of owners with 20% or more ownership

If you would like to discuss your project, please contact a MEDC Relationship Manager 

at 414-269-1440 and ask to speak to one our loan staff or click the link below to complete a MEDC  Loan Information Form.