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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.

Village of Waterford - BLP - Business Lending Partners
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Village of Waterford

Village of Waterford funds

There are no Waterford’s programs available at this time

Village of Waterford funds

Waterford’s programs were designed specifically to assist businesses in the village of Waterford.

Waterford Road Construction Loan Program

This program is intended to assist businesses during the construction taking place in the Village of Waterford during 2019 and 2020. The loan program offers funds for working capital for $5,000 with a 0% interest rate.

A business may apply for $5,000 per application each calendar year making the total available to each business $10,000 for those affected in both the 2019 and 2020 construction. Applications will be accepted through October 31, 2020, based upon availability of funds.


Anticipated areas include Main Street and State Highways 20, 83 and 36. Other areas affected by the street closure would be considered on a case-by-case basis determined by RCEDC in consultation with the Village of Waterford.


Loans are intended to provide working capital funds with

After December 31, 2020, loans will be converted to four (4) year term loans with the following terms:

Waterford TID #4 Loan Program

The TID 4 Loan Program is intended to stimulate improvements to commercial buildings located in the Village of Waterford TID 4 (Heritage Design District).

Th maximum loan amount will be 80% of the total eligible improvement project, but with a maximum of a $75,000 loan per property. Projects will be evaluated on a case-by-case basis. Projects will be awarded on a first come, first serve basis.

Eligibile uses

All applicants agree to comply with the Heritage District Design Guidelines.

helpful links

Waterford TID 4 Map


Applications will be accepted by The Village of Waterford Clerk via hard copy or email. The deadline is the 5th day of each month. The Village Board will review all applications at its meeting following thereafter, and will make recommendation for grant award after scoring and reviewing all applications received.