Division of Small Business

Apply by Jan. 31 for Wilmington business loan program

First State Community Loan Fund is seeking applications for funding from  its Corridor Revitalization Fund.

The program provides loans of up to $25,000 for eligible business projects along Market Street in Wilmington and in the surrounding area.

The funding is in the form of a forgivable loan of up to five years. No payments are due during the term of the loan, which is forgiven at maturity, according to a description of the program.

Funds can be used for a variety of purposes:

  • site acquisition/business expansion
  • construction/renovation
  • working capital
  • inventory
  • furniture
  • fixtures
  • existing business remodels

Applications for the program must be submitted electronically and are due by Jan.31.

Click here for more information and a link to the application form.

There is no cost to apply for the program.

The Delaware Division of Small Business wants to help you start or grow your business in Delaware.

Contact us to see how we can help you.


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