The City of Delaware has opened a $300,000 revolving loan fund to bolster the city’s small businesses. Any business (or business owner) within city limits is eligible to apply for the low-interest loan program. The fund will be administered by Economic and Community Development Institute (ECDI), a community microlender that is headquartered in Columbus and serves small businesses throughout the state of Ohio. 

In a time when a majority of small businesses – even those with a long, stable history – are struggling due to the economic shutdown caused by COVID-19, access to capital can be a sustaining lifeline. Borrowers can request up to $25,000 from the City of Delaware fund, and can access ECDI’s portfolio of funds for additional capital up to $350,000* for their total loan. Funds can be used for any business purpose, including payroll, inventory, renovations or other.

To apply, please visit https://www.ecdi.org/loans or click on the link below. For further questions, please reach out to Aaron Cornell at (614) 559-0196 or by email, ACornell@ecdi.org.




      * Any loans over $25,000 will come from City funds plus a variety of other ECDI partner sources.

      City of Delaware   ·   COhatch, 18 East William Street   ·   Delaware, Ohio 43015   ·  740.203.1016   ·   opportunity@delawareohio.net


      Privacy Policy  ·  Terms of Use  ·  Log In

      Powered by Wild Apricot Membership Software