Funding Amount

$10,000 - $400,000

Deadline

Deadline not published

Grant Type

Foundation

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Eligible organizations

  • For-profit small businesses

Other requirements

  • Working capital
  • Refinance
  • Capital assets acquisition
  • Maximum annual revenue: $10 million

Overview

Working capital loan program created in partnership between Community Reinvestment Fund, USA and Fifth Third Bank to help eligible small businesses cover expenses like equipment upgrades, payroll, and other operational costs.

Geographic Scope: Select areas across the region including: Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, South Carolina, Tennessee, and West Virginia.

Loan Details:

  • Minimum: $5,000
  • Maximum: $400,000
  • Interest Rate: 7.5% fixed
  • Term: 60 months

Eligible Uses:

  • Working capital
  • Refinance
  • Capital assets acquisition

Eligibility:

  • For-profit small businesses
  • Maximum annual revenue: $10 million
  • Must operate within program's focus area (listed states)

How to Apply

How to Apply

  1. Complete an intro questionnaire to get started
  2. Submit your interest via the online form
  3. Contact Chris Smalley with questions

Required Materials: Interest questionnaire/form submission

What Economic and Community Development Institute actually gave

Source: IRS Form 990, 2025

Grants in 2025
4
Total given
$267K
Median grant
$39K
Range
$9,476–$180K
  • By dollars: Ohio 96%, West Virginia 4%. Top recipient cities: Saint Clairsville, OH; Fortsmouth, OH; Columbus, OH.

Example grants

  • Community Improvement Corporation of Belmont County · Saint Clairsville, OH

    Collaborate with the organization to implement needed business development programming…

    $180K

  • Shawnee State University · Fortsmouth, OH

    Collaborate with the organization to implement needed business development programming…

    $57K

  • Ohio CDC · Columbus, OH

    Collaborate with the organization to implement needed business development programming…

    $21K

  • Our Jobs Our Children's Our Future Inc · Huntington, WV

    Collaborate with the organization to implement needed business development programming…

    $9,476

IRS Form 990, 2025. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Small businesses

Categories

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