• Start or Grow a Business

  • SERVICES

     

    PFACDC is here to help you start or expand your business or bring your development project to a reality by:

    • Providing Information on Available Land, Buildings and Operational Costs
    • Discussing the Advantages of Doing Business in the Park Falls area
    • Assisting in Implementing Education & Employment Training Programs
    • Acting as Your Liaison with Local, State and Federal Government
    • Providing Data and Information on the Physical, Social and Economic Characteristics of the Park Falls area

     

    PFACDC assists with business financing through the following:

     

    Revolving Loan (RLF) Programs:

    • Park Falls Area Community Development Corporation
    • NW Wisconsin Regional RLF
    • Ashland County
    • Village of Butternut
    • WEDC CDBG-ED Loan Program
    • SBA, USDA, US Dept. of Commerce

     

    Basic Eligibility Includes:

    • Job Creation and/or Retention
    • Bank Participation
    • 10% Down Payment
    • $1 for $1 match (private to public)

     

           Program Benefits:

    • Long Terms
    • Low, Fixed Interest Rates
    • Minimal Equity Investment
    • A Period of “Interest Only” Payments