Growing A Business

Harrisonburg Business Loan Program

We're helping Harrisonburg businesses grow!

An Alternative Path To Small Business Funding

Harrisonburg Economic Development's Business Loan Program aims to encourage small business development and expansion in Harrisonburg. We know that there are opportunities for small businesses to grow and it is our mission to help those businesses. Providing an alternative to traditional loans, the Business Loan Program makes it easier for small businesses to access necessary funds, as many may not meet traditional loan requirements.

The Loan At A Glance

Loan Amount

$5,000 to $25,000
at 4.75% Interest

Available to City-based businesses.

Loan Term

3 to 5 Years

Flexible terms built to fit your plans.

Eligible Uses

Put It To Work

Working capital, marketing, equipment or signage, property renovation, and more.

Who Can Apply

City Businesses

City-based businesses. Home-based businesses are not eligible.

How It Works

A Simple, Supported Process

Request A Meeting

Call or email to learn more about the program and see if it's the right fit for your business.

Review & Evaluation

Your application is reviewed and evaluated by city staff and our loan review committee.

Approval & Funding

Approved applications receive funds so you can put them to work growing your business.

Ready to take the next step? Call or email to request a meeting and learn more.

Request A Meeting