Although the Orange Economic Development Corporation can not provide business financing, there are plenty of resources available to meet this need.? The agencies identified below specialize in financing start-ups, new construction, renovation and expansion, machinery or equipment acquisitions, and purchases?

• Connecticut Community Investment Corporation
  The CTCIC's mission is to promote the industrial and commercial development of the State of Connecticut by aiding and assisting the expansion of industry, commerce, and local entrepreneurship through the rendering of consulting, technical educational and financial assistance.? For additional information regarding the Loan Programs offered by CTCIC follow the link. CTCIC Loan Offerings
  




• Connecticut Development Authority
  The goal of the CDA is to make certain that Connecticut companies have the access to capital. The CDA provides financing to businesses when private-sector lenders cannot.? The CDA is a self-sustaining entity and has provided capital to companies in 90% of the towns in Connecticut.

Typical financing packages from either the CTCIC or CDA will require

• 50% from your bank or other financial institution

• 40% from an SBA 504 Loan

• 10% minimum equity
  

• SCORE
  The SCORE association (Service Corps of Retired Executives) is a resource partner with the U.S. Small Business Association.? SCORE is dedicated to aiding in the formation, growth and success of small business nationwide. A local SCORE Office is located in New Haven, Connecticut.

Business Plans

SBA - Business Plans