New Loan Program May Help Retail Businesses Expand
Date posted - December 9, 2015
Sheldon, Iowa — For years the Sheldon Chamber and Development Corporation has had a program in effect by which businesses can secure funds to help with the costs of refurbishing and repairing their building’s facades. This program is most often referred to as the Storefront Loan program. Recently, however, the SCDC has added a program to assist with interior retail expansions.
The new Retail Interior Renovation Loan Program can help cover the cost of adding retail space, relocating to a larger location, as well as new retail expansion.
SCDC Executive Director Curt Strouth tells us about the program.
Strouth says qualifying businesses can apply for a zero-percent loan under this program.
He says anyone with questions about the program, or any business owner who wants to see if their business qualifies, can contact the SCDC Office in Sheldon.