SCCF is your complete toolbox for making your business successful. We provide one-on-one confidential business counseling to help you develop a business plan, understand financial projections, and (if you choose) prepare a loan application that will work for your creative business and your personality. We also connect you with other community-based resources for additional networking opportunities, accounting services, office/retail/studio spaces, and marketing opportunities—all to help you reach a wider audience and contribute to the local culture.
We offer loan funds to new and existing small businesses in the following service area: Augusta County, Rockingham County, Rockbridge County, Highland County, and Bath County, as well as the cities of Staunton, Waynesboro, Harrisonburg, Lexington, and Buena Vista.
Our direct loans range from $1,000 to $50,000 and can be used to support start-up costs, job creation, marketing, working capital, and green business initiatives. Our interest rate is 7.25%, that can drop to 6.25% if you are sourcing at least a quarter of your goods or services with the proceeds of the loan within the Central Shenandoah Valley. Our terms range from 1 to 6 years.
Let’s do some awesome things together! Follow our Timeline to complete your loan application.
First, please fill out our loan inquiry form below. We will be in touch with you with further application documentation. Feel free to contact us to set up an appointment. Additional documents for your loan application include:
We believe that Small Business Borrowers should have fundamental financing rights built on transparency and fairness. For this reason, we are a signatory on the Small Business Borrowers’ Bill of Rights and hold ourselves to maintaining this transparency and fairness throughout our entire loan process. This is a group of small business lenders, both nonprofit and for-profit, that have committed to adhere to responsible business lending principles. The lack of regulations for small business lenders launched the desire for transparency for small business borrowers. More information about the standards available here.