Meck Lending

Meck Lending Small Business Loan Program

Meck Lending offers loans of up to $75,000 with accommodating rates and terms available to qualified small and start-up businesses in Mecklenburg County. Small businesses play a significant role in the local and national economy; they create jobs, help diversity the economy and lead to neighborhood revitalization. This loan program is designed to support non-standard lending features and help small business owners access capital. 

Program Objectives

The Meck Lending loan program has non-standard lending features such as:

    • Accommodate disadvantaged businesses.
    • Accommodate and veteran-owned businesses.
    • Consider Owner's level of sophistication and experience.
    • Alternative or sub-prime credit.
    • Lower debt-service-coverage-ratio.
    • Reduce risk by providing technical assistance to businesses.
    • Interest only period, followed by principal & interest payments.
    • Lower equity contribution.
    • Longer amortization schedule.

    How to Apply

    The Meck Lending loan fund is administered by a leveraging partner, Carolina Small Business Development Fund.

    Connect with a loan officer to start the application process.