Small Business Loan Fund

As an emerging Native Community Development Financial Institution (CDFI), Waianae Economic Development Council (WEDC) has partnered with the Department of Business, Economic Development, and Tourism (DBEDT) to provide small business loans starting at $15,000 and interest rates starting as low as 3% for companies that have been in operation for at least 1 year, has revenue-generating activities, and have been turned down from a bank loan. The purpose of these funds is to help businesses that may be fundamentally sound companies, but for one reason or another have been denied credit. WEDC will provide some Technical Assistance and 1-on-1 coaching to those businesses to help sustain and grow their business.