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NY
WEDI Microloans
Small business microloans for entrepreneurs in Erie and Niagara counties, with support from WEDI’s economic development team.
About this program
Westminster Economic Development Initiative offers microloans to small business owners and entrepreneurs in Erie and Niagara counties. WEDI pairs financing with business support and operates programs such as the West Side Bazaar to help entrepreneurs start and grow businesses.
Eligibility
Small business owners and entrepreneurs in Erie or Niagara County meeting WEDI lending and support requirements.
Requirements
- Submit loan inquiry, business information, financing need, and owner documentation
- Demonstrate viable business use of funds and repayment ability
- Participate in business support, underwriting, loan closing, and servicing requirements