MEDC
Non profit certified CDFI loan fund serving businesses in the M7 region with financing.
About
Since 1971, MEDC has worked in partnership with area financial institutions and other non-profit lenders to provide low interest loans to businesses in Milwaukee, Kenosha, Racine, Ozaukee, Walworth, Waukesha, and Washington Counties. Our loan fund has grown to over $100 million, allowing us to increase the number of businesses we serve every year, particularly those in hard-to-serve or underserved markets. Typical MEDC loans are between $50,000 to $750,000, with catalytic projects ranging from $2.5 million to $15 million. As we partner with financial institutions, our financing is in a subordinate position. Lender Capital Access Program (CAP) is a flexible state-wide public-private loan loss reserve program managed by MEDC. Financial Institutions and Loan Funds can apply to participate in the program allowing them to enroll their loans in the program.Services Provided
Financial Resources and Assistance
- Loans (Specialty)
- Debt Funding (Specialty)
- Real Estate Finance (Specialty)
Contact Information
David Latona
David Latona
Address
757 N. Broadway
Suite 600
Milwaukee, WI 53202
757 N. Broadway
Suite 600
Milwaukee, WI 53202
Phone
(414) 269-1440
(414) 269-1440
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