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WV

WVEDA Direct Lending Program

Direct state loans from $100,000 to $15 million for fixed asset purchases by creditworthy West Virginia businesses, explicitly including technology-based service companies and professional services firms.

About this program

Visit the program website for full details.

Eligibility

Creditworthy West Virginia businesses aligned with state economic development objectives, including technology-based service companies and professional services firms. Fixed-asset financing for job creation and retention.

Requirements

  • Business must be located in West Virginia
  • Must demonstrate creditworthiness
  • Loan proceeds must be for fixed assets