Loans

Innovative loan programs can help meet your unique lending needs

Reliable, affordable funding is critical to the success of your expansion or relocation-especially in today’s challenging lending environment. Our loan programs are designed to help companies that might not meet traditional lending requirements or that offer unique value to Orange County.

Your Orange County project manager will help you apply for these programs and make you aware of other specialized loan programs for which your company may be eligible.

Tax-Exempt Bonds

Issued by state and local governmental entities
Created to benefit private, job-creating companies
Interest on bonds usually exempt from federal income taxes (for investors)
Interest rates to borrowers typically lower
Often called Industrial Revenue Bonds (IRBs) or Industrial Development Bonds (IDBs)

Loan Guaranty Program (Guaranteed by the Indiana Economic Development Corporation (IEDC))

Helped fund over $84 million in loans
Provides a loan guaranty to the lender
Designed to benefit companies that create/retain a significant number of Indiana jobs in a high-growth/high-skill area including:
- Manufacturing
- Rural development
- Value-added agriculture

Capital Access Program (CAP)

Designed to aid small businesses that might not meet conventional lending requirements
Creates a cash reserve fund for a lender to use as additional collateral for loans enrolled in the program

USDA Rural Development Loan Programs

Small Business Administration Loan Programs