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Financial Assistance

Revolving Loan Program

The City of Milwaukee's OSBD Revolving Loan Program is designed to assist emerging certified firms with financing for prime and sub contracts awarded to them by the City of Milwaukee.

Loan Program Parameters

  • Loan will be granted for up to 25% of the total contract dollars, with a maximum of $35,000 and a minimum of$1,500.
  • Loan funds may be used for working capital and/or bonding.
  • Loan repayment schedule will coincide with the contract payment schedule.
  • 5% fixed interest rate.

 Eligibility Requirements

  • Certification by the City of Milwaukee Office of Small Business Development Program (OSBDP).
  • Recipient of a City, MATC, MPS, or MMSD contract as a prime or subcontractor.
  • Maximum number of loans four (4) throughout the duration of certification history.
  • Business must be located in the City of Milwaukee (Post Office Boxes are not acceptable).

Application

The Revolving Loan Program Application is available in both Word and Acrobat Reader formats.  (Click here to download Adobe Acrobat Reader.)

The following agencies can assist emerging and/or existing small business with financial and technical assistance:

 

Please note: As a service we have offered many links to other sites on the Internet.

We are not responsible for the content or the availability of these sites.

African American Chamber of Commerce
Contact: Dr. Eve Hall, Executive Director
633 West Wisconsin Avenue, Suite 1001
Milwaukee, WI 53203
Phone: (414) 462-9450  
Fax: (414) 462-9452
Email: ehall@aaccmke.org
Website: www.aaccmke.org

African American Contractors Association (Milwaukee Chapter)
Contact: Victory Simmons
Phone: (414)731-5666
Fax: (414) 267-2421
Email: victory.44construction@yahoo.com

American Indian Chamber of Commerce of Wisconsin
Contact: Craig Anderson, President
10809 W. Lincoln Avenue. Suite 102
West Allis, WI 53227
Phone: (414) 604-2044 
Fax: (414) 604-2070
Email: craig@aiccw.org
Website: http://www.aiccw.org/

Hispanic Chamber of Commerce of Wisconsin
Contact: Jorge Franco, President
1021 W. National Avenue
Milwaukee, WI 53204
Phone: (414) 643-6963  
Fax: (414) 643-6994
Email: jorge@hccw.org
Website: www.hccw.org

Milwaukee Area Workforce Investment Board
Contact: Earl Buford, President/CEO
2338 N. 27th Street
Milwaukee, WI 53210
Phone: (414) 270-1700
Fax: (414) 225-2375
Email: dsykes@milwjobs.com
Website: http://milwaukeewib.org/

Milwaukee County Community Business Development Partners (CBDP)
DOT/DBE Certification
Contact: Rick Norris, Director
2711 W. Wells Street, Room 830
Milwaukee, WI 53208
Phone: (414) 278-4747
Fax: (414) 223-1958
Website: www.county.milwaukee.gov/cbdp
Milwaukee Economic Development Corporation
(Business Loans and Grants)
809 N. Broadway, Room 104
Milwaukee, WI 53202
Phone: (414) 286-5840    
Fax: (414) 286-5778
Website: http://www.medconline.com/

Milwaukee Enterprise Center
2821 N. 4th Street
Milwaukee, WI 53212
Phone: (414) 372-3936      
Fax: (414) 227-4152

Milwaukee Urban League
435 W. North Avenue
Milwaukee, WI 53212
Phone: (414) 374- 5850      
Fax: (414) 562-8620
Email: tmalone@tmul.org
Website: http://www.tmul.org/

National Association of Minority Contractors (Wisconsin Chapter)
Contact: Brian Mitchell, President
6122 N. 76th Street
Milwaukee, WI 53218
Phone: (414) 454-9475
Fax: (262) 703-5090
Website: www.namcwi.com

Prism Technical

Business and Management Consulting
Contact: Lafayette L. Crump
6114 West Capitol Dr. Suite 200
Milwaukee, WI 53216
Phone: (414)847-0990
Fax: (414)847-0992
Email: lcrump@prismtechnical.com
Website: www.prismtechnical.com

Service Corps of Retired Executives (SCORE)
Business Counseling Assistance
310 W. Wisconsin Avenue, Suite 425
Milwaukee, WI 53203
Phone: (414) 297-3942          
Fax: 297-1377
Email: SCORE.28@scorevolunteer.org
Website: http://www.scoresewisconsin.org/

Small Business Administration (Wisconsin Office)
Financial and Technical Assistance
Contact: Eric Ness
310 W. Wisconsin Avenue, Suite 580W
Milwaukee, WI 53203
Phone: (414) 297-3941        
Fax: (414) 297-1377
Email: Eric.Ness@sba.gov
Website: www.sba.gov

Small Business Development Center
Business Coaching and Technical Assistance
Contact: Kathy Orr
161 W. Wisconsin Ave. Suite 6000
Milwaukee, WI 53203
Phone: (414) 227-3105       
Fax: (414) 227-3142
Email: kathyorr@uwm.edu
Website: www.sce-sbdc.uwm.edu

Small Business Development Center - UWM
Classes and Business Counseling
Contact: Tim Peterson, Director
161 W. Wisconsin Ave., Suite 6000
Milwaukee, WI 53203
Phone: (414) 227-3240                       
Fax: (414) 227-3142
Email: sbdc@uwm.edu
Website: www.sce-sbdc.uwm.edu  

State of Wisconsin Department of Administration Supplier Diversity
(MBE/WBE/DVB Certification)
Contact: Godwin A. Amegashie, Director
101 E. Wilson Street, 6th Floor
 P. O. Box 7970
Madison, WI 53707
Phone: (608) 267-9550       
Fax: (608) 267-0600
Email: DOABDMBD@wisconsin.gov
Website: http://www.doa.state.wi.us/Divisions/Enterprise-Operations/Supplier-Diversity-Program

State of Wisconsin Department of Transportation (WisDOT)
Disadvantaged Business Enterprise Program (DBE)
Contact: Rosalind Roberson
6150 W. Fond du Lac Avenue
Milwaukee WI 53218
Phone: (414) 438-4583
Fax: (414) 438-5389
E-mail: Rosalind.roberson@dot.wi.gov
Website: http://www.dot.wisconsin.gov/business/engrserv/dbe-main.htm

Wisconsin Economic Development Corporation (WEDC)
Business Development Assistance
201 W. Washington Ave.
Madison, WI 53703
Phone: (855) 469-4249
Website: http://inwisconsin.com

 

Taxpayer Education & Communication
Office of Internal Revenue Service
Small Business Self- Employed Div- IRS

(Start-up Business Packets and Tax Assistance)
Contact: Roy Block
211 W. Wisconsin Avenue
39-02108
Milwaukee, Wisconsin 53203
Phone: (414) 231-2156       
Fax: (414) 231-2143
Website: www.irs.gov
The Business Council
Contact Person:  Cassandra Flagg
756 N. Milwaukee Street, 4th Floor
Milwaukee, WI  53202
Phone:  414-287-4108
Fax:  414-271-7753
E-Mail:   cflagg@mmac.org     
Website: www.mmac.org/tbc
Wisconsin Black Chamber of Commerce
Ruben Hopkins, Chairman/CEO
3020 W. Vliet Street
Milwaukee, WI 53208
Phone: 414-306-6460
Fax: 414-933-1652
Email: info@twbcc.com
Website: www.twbcc.com
Wisconsin Women's Business Initiative Corp. (WWBIC)
(Training, Lending, Business Education, Incubator Program, Incubator Networking)
2745 N. Dr. Martin Luther King Jr. Drive
Milwaukee, WI 53212
Phone: (414) 263-5450
Fax: (414) 263-5456
Website: www.wwbic.com
WRTP/BIG STEP (Wisconsin Regional Training Partnership)
Contact: Rhandi Berth
3841 W. Wisconsin Ave.
Milwaukee, WI 53208
Phone: (414)937-3600
Fax: (414) 342-3546
Email: rberth@wrtp.org