The Business Council Inc.
OPEN TODAY!
The Greater Milwaukee Foundation has opened another round of 2026 ThriveOn Small Business Loans, designed to provide accessible, affordable capital to small businesses in Milwaukee-area neighborhoods. This program gives preference to disadvantaged businesses facing economic challenges due to rising costs and limited access to capital.
Eligible businesses may apply for loans of up to $50,000, with a 3% fixed interest rate and a 7-year fully amortizing term. The loan also includes no prepayment penalty or fees, with the first 6 months interest-only before monthly principal and interest payments begin.
Funds may be used for business needs such as:
Working capital,
Equipment and supplies,
Debt refinance,
Building improvements,
Payroll assistance, and business-related transportation vehicles.
Applications open July 6, 2026 and close July 20, 2026.
https://greatermilwaukeefoundation.org/tools-for-change/impact-investing/thriveon-small-business-loans/
05/18/2026
04/27/2026
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Telephone
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Milwaukee, WI
53203