Capital Options To Help Support Your Business.

Minority Business Bonding & Direct Loan Programs

Many small business owners indicate that one major obstacle to entry or expansion of their small business is the availability of sufficient intermediate and long-term capital to support their working capital, and fixed assets requirements.

The Ohio Development Services Agency is an important partner in providing Minority Business Bonding and Direct Loan Guarantee Programs needed to provide our clients with the appropriate intermediate and long-term capital for their businesses.

Ohio Minority Business Bonding Program

The Minority Business Bonding Program provides bid, performance, and payment surety bonds to state certified minority-owned businesses that are unable to obtain bonding through standard surety companies.

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Ohio Minority Business Direct Loan Program

The program provides fixed, low-interest rate loans to certified minority-owned businesses that are purchasing or improving fixed assets resulting in the creation of new jobs for Ohioans.

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Access To Capital With Blemished Credit Webinar

This video was created as part of the "We Mean Business 2022 Virtual Conference" as a resource for clients of the Minority Business Assistance Center Cincinnati.
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Alternative Sources of Funding

Explore more funding options with these alternative sources of funding.

Kickstarter

Kickstarter helps artists, musicians, filmmakers, designers, and other creators find the resources and support they need to make their ideas a reality.

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ECDI

ECDI, a statewide SBA lender, started in Columbus in 2004 before expanding to Cleveland in July 2012, and Akron in November 2014. ECDI also has Field Offices in Toledo.

Cincinnati offices are located at: 1311 Vine St, Cincinnati, OH 45202

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GoFundMe

Launched in 2010, GoFundMe is the world’s largest social fundraising platform, with over $3 billion raised so far. With a community of more than 25 million donors, GoFundMe is changing the way the world gives.

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SBA

The U.S. Small Business Administration (SBA) has delivered millions of loans, loan guarantees, contracts, counseling sessions and other forms of assistance to small businesses.

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KIVA

The Cincinnati MBAC is a KIVA Trustee. KIVA lends money to entrepreneurs via the internet as a way to expand financial access to capital.

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Accion Opportunity Fund

Accion Opportunity Fund is a financial support system for small businesses that advances racial, gender, and economic justice for all.

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Related Resources

Doing Business with the State of Ohio

Resources for Bidders & Suppliers, training materials, solicitations, funding & program information, and more.

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Assets Over Liabilities Financial Literacy Program

A 4-month instructional financial literacy program for business owners who want to improve their financial competencies and economic choices when establishing their long-term business goals.

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Financial Advisor

Our Financial Advisor is responsible for providing direct, in-depth financial counseling to clients.

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