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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
1915 N. Dr. Martin Luther King Jr. Dr. Suite 240
Milwaukee WI 53212
Phone: (414)731-5666
Fax: (414) 267-2421
Email: victory44@yahoo.com
American Indian Chamber of Commerce of Wisconsin
Contact: Craig Anderson, Executive Director
10809 W. Lincoln Av. Suite 102
West Allis WI 53227
Phone: (414) 604-2044 
Fax: (414) 604-2070
Email: craig@aiccw.org
Website: www.hccw.org
Big Step – (WRTP) Wisconsin Regional Training Partnership
Contact: Earl Buford
3841 W. Wisconsin Ave.
Milwaukee WI 53208
Phone: (414)937-3600
Fax: (414) 342-3546
Email: http://eabigstep@yahoo.com
Business Educational Consortium, Inc. (BECI)
6618 N. Teutonia Avenue
Milwaukee WI 53209
Contact: Ruby Brooks
Phone: (414)540-9380
Fax: (414)540-9382
Hispanic Chamber of Commerce of Wisconsin
Contact: Maria Monreal –Cameron, President
816 W. National Ave.
Milwaukee WI 53204
Phone: (414) 643-6963   Fax: (414) 643-6994
Email: mcameron@hccw.org
Website: www.hccw.org
Milwaukee Area Workforce Investment Board
Contact: Don Sykes, CEO
2338 N. 27th Street
Milwaukee WI 53210
Phone: (414) 270-1800
Fax: (414) 225-2375
Email: dsykes@milwjobs.com
Website: http://milwaukeewib.org/
Milwaukee County Disadvantaged Business Development (DBD)
DOT/DBE Certification
Contact: Mildred Hyde-Demoze, DOT Ctf. Mgr.
2711 W. Wells St. Suite 830
Milwaukee WI 53208
Phone: (414) 278-4747 / (414) 278-5248
Website: www.milwaukee.gov
Milwaukee Economic Development Corp
(Business Loans and Grants)
809 N. Broadway
Milwaukee WI 53201
Phone: (414) 286-5840    
Fax: (414) 286-5778
Milwaukee Enterprise Center – North
Contact: Brian O'Malley
2821 N. 4th Street
Milwaukee WI 53212
Phone: (414) 272-3936      
Fax: (414) 227-4152
Milwaukee Enterprise Center – South
Contact: Reuben Reyes
816 W. National Ave.>
Milwaukee WI 53210>
Phone: (414) 374-5850     
Fax: (414) 374-1995
Milwaukee Urban league
435 W. North Ave.
Milwaukee WI 53212
Phone: (414) 374 – 5850      
Fax: (414) 374-1995
Email: mulmgmt@aol.com
National Association of Minority Contractors - Wisconsin Chapter
Contact: George Lawrence, Executive Director
6122 N. 76th Street
Milwaukee WI 53218
Phone: (414) 454-9475
Fax: (262) 703-5090
Email: ED@namcwi.com
Website: www.namcwi.com
Prism Technical Institute
Contact: Layfayette 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 Ave. Suite 425
Milwaukee WI 53203
Phone: (414) 297-3942          
Fax: 297-1377
Email: score@execpc.com
Website: www.score.org
Small Business Administration (Wisconsin Office)
Financial and Technical Assistance
Contact: Eric Ness
310 W. Wisconsin Ave. Suite 400
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
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 Department of Commerce
Bureau of Minority Business & State Certification Assistance
Contact: Bill Bowers
201 W. Washington Ave.
Madison WI 53707-7970
Phone: (608) 267-9550
Fax: (608) 267-8379
Helpline: 1-800-HELP-BUSINESS
Website: www.commerce.state.wi.us
State of Wisconsin Department of Administration
State of Wisconsin Minority Business Enterprise Program (MBE)
Contact: Godwin A. Amegashie, Director
101 E. Wilson Street, 6th Floor
 P. O. Box 7867
Madison WI 53707
Phone: (608) 267-7806       
Fax: (608) 267-0600
Email: godwin.amegashie@doa.state.wi.us
Website: www.doa.state.wi.us/deo/mbe  
State of Wisconsin Department of Transportation (DOT)
Disadvantage Business Enterprise Program (DBE)
2401 W. St.Paul Ave.
Milwaukee WI 53233
Phone: (414)342-4174
Taxpayer Education & Communication
Office of Internal Revenue Service
Small Business Self- Employed Div- IRS
Start-up Business Packets and Tax Assistance
Contact: Roy Block
310 W. Wisconsin Ave.
Stop 4700 MIL
 Milwaukee Wisconsin 53203-2221
Phone: (414) 231-2156       
Fax: (414) 297-3001
Website: www.irs.gov
The Business Council
Contact Person:  Cassandra M 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.tbc.mmac.org
Wisconsin Black Chamber of Commerce
Ruben Hopkins
3020 W. Vliet St.
Milwaukee,WI 53233
Phone: 414-755-2904
Fax: 414-933-1656
Email: rubenhopkins@aol.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