$1,500 to $50,000
Business must be located in Bedford, Blair, Cambria, Fulton, Huntingdon, Indiana or Somerset County
5.0% – 7.75%
12 – 72 months
Initial start-up costs, inventory/equipment, building acquisition, renovation, lease space, working capital, etc
Age of Business:
Will be evaluated based on risk rating which includes: personal net worth, global debt service coverage, collateral, credit score, liquidity, experience, equity, and profitability
Determined on a case by case basis
Required owner personal guaranty if not a sole proprietor; additional outside guarantors may be required
Customized and provided throughout the duration of the loan.
This institution, JARI Growth Fund, is an equal opportunity employer and lender.
This loan product is funded in-part through USDA, the Commonwealth of PA, Appalachian Regional Commission (ARC) POWER Initiative and the U.S. Treasury.