To ensure the viability of city businesses and to help sustain employment, Invest Atlanta has established a Business Continuity Loan Fund (BCLF) with $1.5 million of funding from the City of Atlanta. The fund will offer small businesses zero-interest loans which may be used for rent and mortgage payments; wages & salaries; inventory management; and working capital as well as other economic conditions related to Covid-19.
The BCLF program is for businesses operating in the city limits for Atlanta. To be a qualified applicant for the BCLF, businesses must:
● Be an existing for-profit corporation, partnership, sole proprietorship or non-profit with for-profit activities in the city of Atlanta that contributes to trade.
● Be current on all financial obligations related to the lease or mortgage agreement for the business.
● Have 50 or fewer full-time employees, i.e., employees working at least 30 hours per week or 130 hours per month.
● Have been in operations for 1 year
● Have a current City of Atlanta business license.
● Be current on all city of Atlanta taxes and fees.
Learn More & Apply
The BCLF program is for businesses operating in the city limits for Atlanta. To be a qualified applicant for the BCLF, businesses must:
● Be an existing for-profit corporation, partnership, sole proprietorship or non-profit with for-profit activities in the city of Atlanta that contributes to trade.
● Be current on all financial obligations related to the lease or mortgage agreement for the business.
● Have 50 or fewer full-time employees, i.e., employees working at least 30 hours per week or 130 hours per month.
● Have been in operations for 1 year
● Have a current City of Atlanta business license.
● Be current on all city of Atlanta taxes and fees.
Learn More & Apply
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