New Haven Revolving Loan Program

The Loan

The City of New Haven has joined forces with the Brightpoint Development Fund to provide working capital for small business owners impacted by the COVID-19 crisis by offering a loan for businesses located within the New Haven city limits.

New Haven Revolving Loan Fund

  • Loans up to $10,000
  • Low interest rate & commitment fee
  • Limited documentation required
  • Streamlined review process

 

About the Program

  • The program requires each business to retain employment of
    Low to Moderate Income – Full Time Equivalent job
    position(s) for at least six (6) months following closing of the
    loan.
  • Business must be located within the New Haven city limits
  • Business must have been established and operating prior
    to February 1, 2020

How to Apply

Submit a loan application available at mybdf.org, along with the required documents (see below.) Once you have completed all documents, reach out to our office at (260) 423-3546 ext. 215 or bdf@mybrightpoint.org. Funds are limited and will be provided on a first come basis.

 

Required Documents List

 

 

Founded in 2010, the Brightpoint Development Fund is a nonprofit organization that provides affordable
business loans, financial education, and housing development services.

We are a U.S. Small Business Administration (SBA) micro lender and a U.S. Department of the Treasury Community Development Financial Institution (CDFI).

Contact Us

Brightpoint Development Fund
227 E Washington Blvd.
Fort Wayne, IN 46802
Tel: (260) 423-3546 Ext. 601
Fax: (260) 440-3291