The Grow Cuyahoga County Fund is a unique economic development partnership between Cuyahoga County, the City of Cleveland and NDC Grow America Fund, Inc. (GAF). GAF is a nationally-recognized Small Business Lending company and is a wholly-owned affiliate of the National Development Council, one of the nation’s leading nonprofit corporations specializing in community, economic and public facility development.
To qualify for Grow Cuyahoga financing, a business must be for-profit and meet the size and eligibility criteria of the U.S. Small Business Administration (SBA). Loans made under this program will be underwritten by GAF and guaranteed by the SBA under GAF’s Small Business Lending Company license. Each loan must comply with SBA guidelines and procedures. After a request for financing is approved, GAF will close, disburse and service each loan.
Additional information on eligibility, maximum loan amounts, use of loan proceeds, collateral requirements and loan terms can be found HERE
The Grow Cuyahoga County Fund is a regional funding effort. Funding partners include Cuyahoga County, the City of Cleveland, the Cuyahoga County Community Improvement Corporation (CCCIC) and NDC Grow America Fund.