How we can help

SBA 504 Loan:

  • Fixed rate, SBA-backed loans
  • Financing for expansion or renovation
  • Financing for new equipment
  • Financing for acquiring land and building
  • 10 or 20 year loan terms
  • Low down payments -- as little as 10%!

Mentor Small Business Loan Fund:

Created by MEACO and the City of Mentor as an economic development financing tool for small businesses.

  • Fixed for 5 years at prime rate
  • $5,000 minimum, $25,000 maximum
  • Financing available for building expansion or renovation
  • Financing for new machinery & equipment, office equipment and fixtures
  • Available to manufacturing, commercial enterprises, retailing and warehousing and distribution businesses
  • Bank participation required

Application Downloads (PDF)

SBA 504 Application Tools

Small Business Loan Fund
Application Tools

MEACO / City of Mentor
8500 Civic Center Blvd.
Mentor, OH 44060-2499

Ph: (440) 974-5739
Fax: (440) 205-3605