The Akron Resiliency investment is definitely a collaboration between WRCF as well town of Akron. Using City of Akron Community developing neighborhood aid (CDBG) investments, the investment produces low-cost home business debts between $10,000 and $70,000 to greatly help support Akron’s smaller businesses. Future, this fund continues in perpetuity, supporting growth in the little business area of Akron while pushing additional investment in neighborhood market.
The Akron Resiliency investment offers two different loan treatments. For companies that are more than one year older, lending of between $10,000 and $70,000 can be found, for companies that are generally less than year aged, loans of between $10,000 and $20,000 are accessible.