FINANCIAL INCENTIVES

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:

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 fixed rate of 3% 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 1% 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.

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.


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