Small business

Sept. 16. As small businesses continue to recover post-pandemic, financial support is available from Meck Lending, a loan program offering favorable business loans and free assistance.

Key features:

—Modifications to loan requirements now position more individuals to be eligible

—Up to $75,000 available

—Interest only payments for the first 12 months

—Interest rate at Prime (5.5%)

—Fast and easy process

—Free guidance and resources from professionals

Details

Businesses that apply must be located in Mecklenburg County and have annual revenue under $2 million. Other eligibility requirements include: no bankruptcy filing for the business and/or owner within the past five years, no open tax liens, and no unpaid judgments over $1,000 (medical related exempt). Applicants must also be current with County tax obligations.

For more info, visit the Meck Lending page on MeckNC.gov.

About the Office of Economic Development

The mission of the Mecklenburg County Office of Economic Development is to provide resources to the business communities with the purposes of attracting, retaining, and expanding employment opportunities for County residents. We strive to stimulate the local economy and expand the local sales and property tax base, while maintaining a positive balance between growth, social equity, and the economy.

Find out more about OED’s programs and projects at oed.mecknc.gov.