Minority Business Enterprise Division | Minority Direct Loan Program
Minority Financial Incentives >> Minority Direct Loan Program
Interest Rate
The interest rate for Minority Direct Loan financing is currently set at 3 percent and it is a fixed rate.
- Program Summary
- Use of Funds
- Eligible Borrowers
- Amount of Minority Direct Loans
- Interest Rate
- Terms
- Private Financing Requirements
- Collateral/Security for State Loan
- Fees
- Prevailing Wage
- Criteria for Loan Application Evaluation
- Steps in Applying for Ohio Minority Direct Loan Financing
Features
- SSBCI Program Summary
- SSBCI Frequently Asked Questions
- SSBCI Powerpoint Presentation
- Collateral Enhancement Program
- Targeted Investment Program
- Ohio Capital Access Program
- Minority Direct Loan Program
- Minority Bonding Program
- Procurement Technical Assistance Centers (PTAC)
- Minority Business Assistance Centers (MBAC)
- Small Business Development Centers (SBDC)
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