Business Planning
Agri-Business
Employer
Exporting
Inventing
Manufacturing
Telecommuter
Tourism
Workforce
… and Bayfield County partner bank locations.
Drummond Office
52485 Wisconsin Ave
Drummond, WI 54832
715.739.6222
Iron River Office
68240 S. Main Street
Iron River, WI 54847
715.372.8801
Washburn Office
104 S. Washington Ave
Washburn, WI 54891
715.373.2625
Bayfield Office
117 S. Broad Street
Bayfield, WI 54814
715.779.5128
Barnes Office
50490 Hwy 27
Barnes, WI 54873
715.795.2304
Cable Office
43480 Kavanaugh Rd
Cable, WI 54821
715.798.3646
Regional Revolving & Facade Loans
Regional revolving loan funds (RLF) can be used for land & buildings, renovation & facade upgrades, and equipment & machinery. Funds are not intended to provide the total financing and are generally limited to 50% of total project costs. Interest rates for revolving loan funds are currently at 5%. Loans of up to $20,000 with an interest rate of no more than 2% are available for the repair or replacement of business building facades in the downtown areas of municipalities with downtown design guidelines.
USDA Rural Development
We are committed to helping improve the economy and quality of life in rural America. Through our programs, we touch rural America in many ways. Our financial programs support such essential public facilities and services as water and sewer systems, housing, health clinics, emergency service facilities and electric and telephone service. We promote economic development by supporting loans to businesses through banks , credit unions and community-managed lending pools.
Wisconsin Economic Development Association
In 2010, a study conducted by the Wisconsin Economic Development Association called “Be Bold Wisconsin” set in motion a new era of Economic Development in Wisconsin. Following this study, the Wisconsin Department of Commerce was abolished and replaced by a public-private entity called the Wisconsin Economic Development Corporation (WEDC). WEDC has multiple funding opportunities.
The Wisconsin Housing and Economic Authority
WHEDA offers products dedicated to improving the economic vitality of Wisconsin communities. WHEDA’s Small Business Guarantee (SBG) and Neighborhood Business Revitalization Guarantee (NBRG) help new and existing businesses grow and expand. WHEDA’s Contractor’s Loan Guarantee (CLG) assists small business expansion and development by providing an opportunity to enter into contracts with WHEDA approved organizations. The WHEDA Agribusiness Guarantee (AgBG) helps small businesses develop new products or expand the production of existing products using Wisconsin’s raw commodities.