Revolving and minority business loans
- Uses
- Revolving funds support property, machinery, equipment, inventory and working capital for startups or existing businesses.
- Terms
- Published revolving terms are 15 years for property, 10 for machinery and five for inventory or working capital, with amounts up to $500,000.
- Minority programme
- The minority enterprise fund requires Mississippi MDA certification, collateral and borrower equity; permitted uses exclude paying existing debt or owner distributions.
Provider sources: Revolving and minority business loans official source · Revolving and minority business loans official source


