Portage County Micro-Enterprise Loan Program

Through funding from the Portage County Board of Commissioners, funding is available to low and moderate income business oweners who are planning to launch or expand their business in Portage County.

Loans averaging $6,000 are made for working capital, inventory, equipment, and business start-up.

Kent Mini Loan

The purpose of the Kent Mini Loan is to make adequate and affordable credit more readily available to existing and start-up businesses in Kent. Loans are made in the amount of $10,000 to $50,000.

Eligible Uses:

• Acquisition of land and building or rehabilitation of owner-occupied premises
• Acquisition of machinery and equipment
• Working capital needed to purchase inventory and/or carry eligible receivables
• Francchise fees
• Leasehold improvements with a lease term of not less than five years

NOTE: This program is only available to businesses in the official limits of the City of Kent. For example, businesses in Brimfield or Franklin Township with mailing addresses of Kent are not eligible.

Find out more
Kent Mini Loan Information