Loan Calculator
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The information provided by these calculators is for illustrative purposes only and accuracy is not guaranteed. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a BLP financial professional prior to relying on the results.

This calculator does not have the ability to pre-qualify you for any loan program. Qualification for loan programs may require additional information such as credit scores and cash reserves which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. This calculator does not calculate the Annual Percentage Rate or Average Prime Offer Rates. BLP does not guarantee any of the information obtained by this calculator.

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Community Loans

Revolving Loan Funds (RLF)

A variety of community loan funds often referred to Revolving Loan Funds (RLFs) are available to growing businesses with financing needs. These are direct loan programs that partner with a loan from the customer’s financial institution to create a financing package that overall offers:

Reduced Cash Equity Requirement

Reduced interest rates

Flexible Loan Terms

Business Lending Partners (BLP) specializes in processing and servicing these loans, as well as various Community Loan Programs, throughout the State of Wisconsin.

To qualify for an RLF the company typically needs to be creating or retaining jobs in the community or providing some other community benefit. Each RLF has different criteria which can be found below.

Why RLF?

Benefits

  • Flexible loan terms
  • Below market interest rates
  • As low as 10% down payment requirements

Eligible Use of Funds

  • Land and building purchases
  • Equipment, furniture and fixture purchases
  • Training, signage and marketing
  • Other uses may be considered

Racine County funds

Through funding from Racine County, various programs were established with the goal of providing a means for existing small and medium-sized companies to obtain the professional services necessary for a strong foundation for continued business growth and to provide jobs for Racine County residents.

City of Racine funds

The City of Racine is offering various programs designed specifically to assist businesses in partnership with a bank loan. These programs primarily fund real estate projects, furniture, fixtures and equipment purchases and limited working capital needs.

City of Burlington funds

Burlington’s programs were designed specifically to assist businesses in the City of Burlington with the objectives to encourage the creation and retention of permanent jobs, new private investment, perpetuate a positive and proactive business climate, attract new businesses, maintain and promote a diverse mix of employment opportunities, and help implement the City of Burlington’s Redevelopment Plan.