Revolving Loan Fund Programs
There are four Revolving Loan Fund (RLF) Programs within Ozaukee County. These programs were established to create employment opportunities, encourage private investment and provide a financing alternative for existing businesses or new businesses. The RLF programs offer interest rates and loan maturities that are designed to encourage business development, while providing for recapitalization and growth of the RLF.
More information on the programs is available through the following links. Each program is designed to serve its specific area.
For additional assistance with any of these programs, contact Kathleen Cady Schilling at OED (262-238-7730).
Local Incentives
Several Communities within Ozaukee County have local incentives for specific areas within their communities. For more information from other OED communities:
- Village of Belgium - Contact Julie Lesar at 262-285-7931 or jlesar@village.belgium.wi.us
- City of Cedarburg - Contact Mikko Hilvo at 262-375-7197 or mhilvo@ci.cedarburg.wi.us
- Town of Cedarburg - Contact Eric Ryer at 262-377-4509 or eryer@town.cedarburg.wi.us
- Town of Fredonia - Contact Janis Stemper at 262-692-9673
- Village of Fredonia - Contact Sandra Tretow at 262-692-2883 or stretow@village.fredonia.wi.us
- Town of Grafton - Contact Lisa Kien at 262-377-8500 or lkien@townofgrafton.org
- Village of Grafton - Contact Jessica Wolff at 262-375-5303 or jwolff@village.grafton.wi.us
- City of Mequon - Contact Kim Tollefson at 262-236-2902 or ktollefson@ci.mequon.wi.us
- City of Port Washington - Contact Bob Harris at 262-284-2600 or rharris@cpwwi.org
- Town of Port Washington - Contact the town at 262-284-5235 or clerk@town.port-washington.wi.us
- Village of Saukville - Contact Dawn Wagner at 262-284-9423 or dwagner@village.saukville.wi.us
- Village of Thiensville - Contact Colleen Landish-Hansen at 262-242-3720 or clandish@village.thiensville.wi.us
Additional Incentive Programs
Several local banks offer low-interest loan programs within Ozaukee County.
Port Washington State Bank offers a program called the Ozaukee County Business Loan Program. The program offers low interest loans up to $50,000 at a simple note low interest rate for up to a ten year term. The program’s goal is to encourage new investment in your business and strengthen our communities by assisting with start-up and expansion costs. Dollars can be utilized for land or building purchases, equipment purchases, leasehold improvements or redevelopment of business properties. For more information on this program, contact Kathleen Schilling at 262-238-7730. Bank Five Nine offers a low interest loan program for the Village of Grafton’s Downtown and the City of Mequon’s Town Center areas. The program offers loans ranging from $10,000 to $25,000 at a simple note low interest rate. The goal of the program is to help revitalization efforts, increase capital investments, provide support for new and existing businesses in these specific neighborhoods. For more information on these loan programs, contact Jessica Wolff for the Village of Grafton program or Kim Tollefson for the City of Mequon program.
Wisconsin Economic Development Corporation (WEDC)
WEDC nurtures business growth and job creation in Wisconsin by providing resources, technical support, and financial assistance to companies, partners and the communities they serve.
WEDC has a broad range of programs to help businesses undertake economic development. For more information about the programs above, contact OED.
WEDC has key areas of focus to elevate Wisconsin's economy to be the best in the world:
- Supporting the entrepreneurial ecosystem
- Accelerating business growth
- Expanding global opportunities
- Attracting new businesses
- Advancing industry development
- Developing thriving communities
U.S. Small Business Administration (SBA)
SBA provides loan guarantees that are used in conjunction with bank financing to improve loan terms. The SBA can provide information on authorized micro-lenders that make loans of $25,000 or less, small business investment companies and certified development corporations that make fixed rate, long-term loans for the acquisition of business assets.