Back to Grants
DE
Delaware Loan Participation Program (DELPP)
State participation loan that provides up to 50% of a business loan alongside a private lender at a blended rate as low as 5%, helping retail businesses expand or grow.
About this program
Visit the program website for full details.
Eligibility
Open to Delaware small businesses, with priority for businesses in underserved or economically disadvantaged areas. Businesses must work with a participating lender such as Del-One Federal Credit Union, True Access Capital, or Community Bank Delaware.
Requirements
- Must be a Delaware small business
- Must apply through a participating lender
- Loan proceeds must be used for business growth or expansion