• Small Business Support: Funding Resources

  • Owning a Small Business Can be Hard... We Are Here to Help!

    Looking for financial support? Need help starting or expanding your business? The BDC is here to help!
    Below is a list of financial resources currently available to Berwyn businesses.

    The BDC connects businesses with local, state, and federal grants. Grants are financial programs designed for a specific purpose, such as payroll, equipment, or recovery of loss. If a business is awarded a grant, the business is given a set sum of money that DOES NOT have to be paid back.

    Each grant has its own application, eligibility details, document requirements, and review process. Carefully read each description below and let us know if you have any questions!

    Have any questions? Need help applying? I’d love to connect!
    Contact Kendra at Kendras@berwyn.net or 708-749-6587.

     

  • Additional Available Grants 

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  • BYLINE EXPRESS LOANS

    Qualified small businesses can receive rapid approval for working capital and equipment purchases, with loan approval not contingent on collateral1. And, no financials are needed for loans under $150,000.


    As experienced SBA lenders, Byline Bank also offers SBA Express loans for applications that don’t qualify conventionally, through automatic decisioning with one single application.

    LEARN MORE

     

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  • Express Business Loans & Lines of Credit

     

    Up to $250,000 in 24 Hours

    • Our Express Business Loan makes borrowing easy so you can focus on what matters most – your business.
    • No hassles. No headaches. No kidding.
    • This is business banking done right. Right now.

    Not ready to apply online? Want to learn more? republicebank.com/business/business-express-loans/

    Have a Business Banking expert call you back.

    Get Started!

     

  • Finish Line Grant

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  • Looking to replace your awning or renovate your building? You may be eligible for the BDC’s Finish Line Grant. This grant program assists businesses and property owners with interior and exterior renovation costs, such as awnings, façade improvements, rodent abatement, and buildouts.

     

    Funding will be calculated as a percentage of the total project cost and will be committed to businesses on a first-come, first-serve basis, with a maximum grant amount of $50,000.00.

     

    To be eligible, you must:

    Be located in the Roosevelt, Depot, or Harlem/Cermak TIF Districts.
    Submit a completed application BEFORE the renovation project starts.

     

    2023 applications due by December 15.

  • Updates From The Economic Development Department

    Be sure to stay up to date with all of the event, grants, loans, trainings, and more from the Berwyn Development Corporation with our weekly e-blast.

     

    View past weekly e-blast!

    - Jan 17th (VIEW)

    - Feb 7th (VIEW)

    - March 9th (VIEW)

     
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  • ACTUALIZACIONES DEL DEPARTAMENTO DE DESARROLLO ECONÓMICO


    Asegúrese de mantenerse actualizado con todos los eventos, subvenciones, préstamos, capacitaciones y más de la Corporación de Desarrollo de Berwyn con nuestro correo electrónico semanal.

    ¡Vea el e-blast semanal pasado!

    - 17 de Enero (VER)

    - 7 de Febrero (VER)