The Village of Sturtevant Trustees recently approved attractive loan and grant programs to support local businesses as well as attract new development to targeted areas of the Village (TID #4).
Matching grants up to $25,000 are available to businesses in TID #4 wishing to establish a new operation, expand an existing operation or construct or improve a facility for lease to business(es) located in the Village of Sturtevant.
The Revolving Loan Fund (RLF) program is available to support the financing needs of local companies in TID #4. This RLF program can provide financing for the company’s capital investment in expansion and development projects. With low interest rates, low equity requirements, and flexible terms, the program was built to be business-friendly.