Revolving Loan Funds

SMPDD offers a revolving loan program with amounts ranging from $2,000 up to $500,000.

  • Funding available for start-up or existing businesses
  • Funding available for job creation or retention
  • Funding for real estate, machinery and equipment, inventory and working capital
  • Terms: 15 year for real estate, 10 years for machinery and equipment and 5 years for inventory/working capital
  • SMPDD can provide stand-alone financing or partner with banks to provide supplemental financing.
  • Exclusions: investment property and non-profits, refinancing and unsecured financing

Click here for application.

For more information, contact Marvin Dickey or Stephen O’Mara at (228)868-2311 or email us at mdickey@smpdd.com or somara@smpdd.com.

Comments are closed