Businesses
Government-funded
$2.0M
per applicant
Loan
Below-market financing
Rolling
No fixed cutoff
Rolling
Apply when you're ready
Moderate
Underwriting required
Provides below-market-rate loans to businesses investing in Tennessee's rural and distressed counties. Prioritizes projects that create manufacturing, processing, and service jobs in economically challenged areas.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Project must be located in a qualifying rural Tennessee county
2.Minimum 10 full-time jobs created or retained
3.Loan size: $250,000–$2 million
4.Interest rate: 2–3% below conventional commercial rates
5.Business must match at least 25% of project cost from private sources
LPO · United States
Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.
CDFI Fund · United States
Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).