Loan Products & Applications

Community First Fund provides a variety of loans to individuals and community based organizations committed to starting or expanding small or mid-sized businesses, creating affordable housing units, or developing commercial spaces that will impact the community. Community First Fund charges nominal application fees ranging from $50 to $100.

Small Business Loans: Up to $50,000 for the starting of new businesses or expansion of existing businesses. Uses may include machinery and equipment purchases, site improvements, working capital, inventory, materials and supplies, and expansion.

Mid-sized Business Loans: From $50,000 to $500,000+ to support the increased capital needs of maturing businesses and may be used for such things as expanding or improving the business site and services provided, increasing supplies, materials and/or staff.  The amount of loans to early stage and startup businesses will be considered on a case by case basis.

Community Development Loans: For the support of non-profit and community organizations to develop and support community-based programs.

Affordable Housing Loans: For for-profit and non-profit developers to rehabilitate affordable housing for rental or resale.

Commercial Mortgage Loans: Up to $500,000 for commercial properties used as retail space, wholesale operations, light manufacturing, storage, etc. The purpose can be to purchase, construct or refinance.

SBA Guaranteed Loans:  Community First is an SBA approved lender.  For more information on the SBA 7(a) program, Express, CommunityExpress, and Patriot Express visit the U.S. Small Business Adminstration’s Web site.

Ready to apply?

Download, print, and bring your completed application into any one of our five offices.  Our Business Lenders work with you if you need assistance.

Business & Community Development

Non-Profit Organizations

Affordable Housing & Commercial Mortgage

For more information on these and other topics see our Community First Resources here.