If you are seeking to establish a business, expand an existing one, attract more customers, and retain the ones you have, there are abundant resources available to you through VVREO. For example, as a financial resource, VVREO is able to provide small business loans where conventional financing has been denied.
Are you are thinking of starting a new business in the
Verde Valley, expanding an existing one or even relocating
a business to this region? If so, you may qualify for a small
business loan through the Verde Valley Regional Economic
Organization’s (VVREO) Revolving Loan Program.
Loans provide alternative funding when conventional bank
funding is not available. They are available to any business
that meets loan requirements, many of which are listed below.
All applicants must complete an application which is available on this page.
Minimum Loan Amount: $25,000
Term of the loan: typically five years
Job retention and/or creation required
Interest rate competitive based on loan term and market risk
Can provide gap financing
Available when conventional funding is not
The purchase of furniture, fixtures, and supplies
Inventory or equipment
The purchase or lease of real estate that is already improved and will be used for the location of the business only.
Contact VVREO to see if your business needs are eligible for financing.
VVREO cooperates with the Yavapai College SBDC, NACOG, SCORE, NAU, and local lending institutions when providing services. USDA is an equal opportunity provider, employer, and lender.