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Martin Cox, Jackson IGA. |
do you need a loan for your enterprise?
MACED lends to businesses, nonprofits and public agencies. We specialize in working with enterprises that create jobs, diversify local economies or provide critical community services in Central Appalachia. Loans range from $1,000 to $750,000 and we provide free or discounted support services.
Our loan products include the following.
Rates, Terms and Collateral Our interest rates are based on the current prime rate and on a risk assessment. Loan terms are flexible, depending on use of proceeds. Business loans are collateralized and usually require personal guarantees and/or key person insurance.
To get started visit the loan application page and contact the MACED office nearest you.
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Microloans—Loans of less than $50,000 to start-up and existing enterprises. Typical uses are: 
Business Loans—Loans over $50,000 and are usually made to existing enterprises. Typical uses are: 
Energy Efficiency Loans—Loans to finance improvements such that loan repayments match monthly energy savings. 
Community Services Loans— Loans to enterprises that provide community services such as child care, elder care or health care. Typical uses are:
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Enterprise Development | Forestry | Research & Policy | How$martKY | Energy Efficient Enterprises
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