BUSINESS   LOANS

BASEC has several loan programs utilizing various funding sources such as USDA's Intermediary Relending Program (IRP)   and the Rural Business Enterprise Grant Program (RBEG). Additionally, BASEC has developed its own revolving loan program utilizing the initial Social Service Block Grant from the Enterprise Community Initiative.

BASEC offers direct loans to borrowers and or certificate of deposit (CD) pledges toward the business loan at the borrower's lending agency.

BASEC is flexible in financing business projects.

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