Invest Atlanta Atlanta Catalyst Fund / Small Business Loan Program
Invest Atlanta's core small business loan program offering low-interest financing of $25,000 to $250,000 to existing small businesses with a City of Atlanta business license. Supports building acquisition, renovation, and growth. After 10 years of payments, balance can convert to a grant.
About this program
Interest rates between 1% and 3%. Maximum 10-year term with 6-month deferment. Amortized over 25 years. After 10 consistent years of payments and meeting clawback provisions, the loan balance can convert to a grant - making this effectively a forgivable loan program.
Eligibility
Existing small businesses (for-profit corporations, partnerships, sole proprietorships) with a current City of Atlanta business license. Loans are for purchasing/acquiring commercially-zoned buildings and related renovations within Atlanta city limits.