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Loans Overview
Southwest Virginia Financing is committed to promoting the economic self-sufficiency and a better quality of life for the region's* citizens through small business ownership, job creation, and asset development. In support of this goal, we provide business and financial training, one2one counseling, and access to credit through over $2.5 million in loan funds. We can provide up to $35,000 for a start-up or existing business. Loan proceeds can be used for working capital, inventory, equipment, and property improvements. All loans are collateralized and the interest rate is three points above prime. *You must plan to locate your business in the following service area: The Counties of Washington, Russell, Dickenson, Buchanan, Wise, Lee, Scott, Tazewell, Bland, Wythe, Grayson, and Carroll, and the cities of Bristol and Norton Virginia. |