Does your business need a facelift?  The Regional Business Fund offers a Downtown Façade Loan to  encourage property and business owners in Downtown Eau Claire to revitalize the buildings.  This program offers up to $30,000 at 0% interest!  It's something to think about while street construction will be taking place on S. Barstow Street this year.

ELIGIBILITY

• Be located in the boundaries of Downtown Eau Claire
• Demonstrate ability to repay the loan
• Property taxes must be kept current
• Provide acceptable design plans for building renovation
• Eligible activities include:  facade renovation; exterior lighting, doors, and graphics; signage, windows, and awnings; other facade or landscape improvements

DESIGN REQUIREMENTS

Applicants must provide acceptable facade design plans that comply with approved general design guidelines adopted by local governments.

FINANCE TERMS AND CONDITIONS

• Loan size can range from $5,000 to $30,000
• 0% fixed interest rate
• Repayment terms up to 15 years
• All loans shall be secured by a mortgage on the property being renovated
• Unlimited personal guarantees are required for any owner with greater than 20% ownership interest in the business 

Click here for more information.