Small Business Loan Guaranty Program

Small businesses create the highest number of jobs across the country, but face the greatest challenges in accessing affordable or reasonable financing. The City of Noblesville Small Business Loan Guaranty Program is designed to encourage and assist business and job generation within the City of Noblesville.

In order to assist new and existing businesses, the City will participate as a guarantor as part of the financing for qualified businesses. The financing will be underwritten in conjunction with financial institutions within the City of Noblesville. These institutions will provide SBA and conventional loans for small, emerging private businesses or those that desire to expand operations or increase employment within the City. The City's guaranty will be utilized to 'bridge the gap' between conventional underwriting standards or add necessary support to facilitate the availability of capital to these businesses.

Through the Program the City's expectations are to provide an additional source of capital for businesses which can be leveraged with funding available through the private sector market. The primary focus of the Program is to increase new job creation within the City and to support the local business community.

Download Small Business Loan Guaranty Application | 115 KB

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