Community Investment Corporation Becomes Approved To Participate In SBA’s Community Advantage Program

Hamden, CT – Community Investment Corporation (CIC Lending) is happy to announce their recent approval by the U.S. Small Business Administration to participate in the SBA’s Community Advantage Loan program. This program is designed for new and existing businesses that need loans up to $250,000. The loan can be used to finance a startup company or to expand an existing business, including the purchase of real estate.

The purpose of the program is to provide funding opportunities in markets and geographic areas that are economically disadvantaged, as well as for new businesses and veteran-owned businesses.

CIC’s participation in the Community Advantage Program will allow them to further their mission to provide loans to small businesses that are not quite ready for bank financing as a means to spur economic growth in Connecticut and Rhode Island.

To find out which businesses are eligible for these loans, contact CIC’s Community Lending Department at (203) 776-6172 x 128.

About Community Investment Corporation

Community Investment Corporation is a non-profit economic development lender contributing financial expertise and practical guidance to small business entrepreneurs in Connecticut and Rhode Island. The company’s mission is to support small businesses entrepreneurs who have powerful ideas and need more power to grow them.

For more information about Community Investment Corporation, visit: http://www.ciclending.com

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