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Verde Valley Regional Economic Organization

Small Business Loan Program

Verde Valley Businesses

NEED MONEY?
VVREO CAN HELP!

VVREO serves as a financial resource, offering small business loans when traditional financing options are unavailable. If you would like to live or run your business in the Verde Valley – VVREO can help!

Your business and/or home of residence must be located in the Verde Valley to qualify. If your business or residence is not located in the Verde Valley, visit oeo.az.gov/microbiz for additional lending resources.

Are you considering starting a business in the Verde Valley, expanding an existing one, purchasing an established business, or relocating your business to this area? If so, you may qualify for a small business loan through the Verde Valley Regional Economic Organization’s (VVREO) Revolving Loan Program.

Loans are available to businesses that meet the necessary requirements for loan submission. All prospective applicants must collaborate with the Small Business Development Center (SBDC) at Yavapai College. When ready to apply for a loan, applicants must submit the VVREO Application along with the required documents, as outlined in the application.

General Loan Information

VVREO Revolving Loans are designed to support businesses during expansion, relocation, or startup. Here’s an overview of the loan details:

  • Loan Amount: Ranges from a minimum of $25,000 to a maximum of $125,000, with an average loan amount of $50,000.
  • Loan Term: Typically between three to five years, though it can vary.
  • Interest Rate: As of October 1, 2024, the rate is 6%.
  • Security/Collateral: Required for loan approval.
Potential Loan Use

Loans may be used for a variety of purposes including:

  • Working capital
  • Furniture, fixtures, and supplies
  • Inventory or equipment
  • Business acquisition
  • Renovation
  • Gap financing related to the above

View a sample application and document list

Business Lending Manager will email application after the initial phone call.

Sample Application and document list
Contact VVREO to see if your business needs are eligible for financing.

This field is for validation purposes and should be left unchanged.
Name:(Required)
Location of Business(Required)
Location of Home (town)(Required)
Old Town Cottonwood business

Is this Loan Right for my Business?

VVREO recognizes how hard it is for some new and expanding businesses to access capital. There are many reasons for this such as the need for more business planning; lack of three or more years information demonstrating business success; minimal personal investment; and other reasons. The VVREO Revolving Loan Program does not just loan funds, it invests in the potential and current borrowers’ business education and long-term success through technical assistance.

Interested in Being a Borrower?

  • Are you unable to receive traditional bank financing for your business?
  • Will you be creating or retaining job/s as a result of these loan funds?
  • Are you willing to invest in your business planning both now and throughout the life of your business?

If you answered “yes” to all three, you should contact VVREO to get more information.

Contact VVREO

VVREO cooperates with the Yavapai College SBDC, NACOG, SCORE, NAU, Local First, and local lending institutions when providing services. USDA is an equal opportunity provider, employer, and lender.

Success Stories

Since the Revolving Loan Fund Program was created in 2012, VVREO has lent more than $1.5M to 23 Verde Valley businesses. The program has created or retained 83 jobs with no loan defaults.

AZ Fork in the Road

AZ Fork in the Road

Kelley’s Aesthetics

Kelley’s Aesthetics

Phone: (928) 451-5404
Address: 544 S 6th St #102, Cottonwood, AZ 86326

Rooted in Sedona

Rooted in Sedona

Phone: (928) 541-0211
Address: Located at Fay Café:
2855 W State Route 89a suite 2, Sedona, Arizona 86336, United States
Website