WHEDA offers a number of programs and services in support of business development within the State of Wisconsin.
Loan guarantees targeted to specific types of economic development projects.
Partnerships with lending institutions to provide commercial credit for larger projects.
State Small Business Credit Initiative:
Capital access, private equity and other programs that promote job creation and retention.
New Markets Tax Credit (NMTC) Program:
Serves as a resource to help fuel job creation and economic development efforts by promoting equity investment in low-income urban and rural communities. Businesses involved in NMTC deals can obtain benefits including lower interest rates on loans, interest-only payments for seven years, non-traditional financing not available in the marketplace, access to a reduced cost of capital, and more. Projects must be located in highly distressed census tracts, which are determined by factors such as poverty rates and percentage of median family income.