N.C. Electric Membership Corporation Loan Program
Up to $400,000 or amount available in loan fund pool
- 7 years, 0% interest, defer to occupancy
- Loan for land and/or building
Click here to print a pre-application.
USDA Rural Economic Development Loan Program
Up to $750,000
- 10 years, 0% interest, defer up to 2 years Loan for land and/or building
- 10 years, 0% interest, defer up to 2 years Infrastructure - water, sewer, gas, rail, & site development
Click here to print a pre-application.
USDA Revolving Loan Fund
80% of project cost up to $250,000 or amount available in loan fund pool
- 10 years, up to 2% interest, defer up to 6 months for land and/or building
- 10 years, up to 2% interest, defer up to 6 months Infrastructure - water, sewer, gas, rail, & site development
Click here to print a pre-application.
USDA Community and Facilities Grant Program
Combination loan and grant for essential community facilities such as hospitals, schools, clinics, roads, fire stations and more.
Microenterprise Loan Program (MIP)
Up to $25,000
The Microenterprise Loan Program helps people become self-sufficient by providing opportunity for self-employment and small business growth. It provides loans for the start-up or expansion of small businesses by individuals who have sound ideas and do not qualify for bank loan.
Call 252-539-4600 or 1-800-433-2236 for more information on any of the above programs.