CityWide’s Microloan program provides stand alone or gap financing for fixed assets and permanent working capital to business located in the City of Dayton.


Eligible Loan Uses

  • Real estate acquisition
  • New construction*
  • Renovation of existing buildings*
  • New and/or used machinery and equipment acquisition
  • Permanent working capital


The Benefits

  • Low down payment
  • Competitive fixed interest rate


Typical Gap Financing Loan Structure

  • 95% CityWide Microloan
  • Minimum owner contribution – 5% of project


Maximum Loan Amount

  • $50,000
  • $15,000 of CityWide loan dollars per job created or retained



  • Fixed asset: Useful life of asset up to 10 years
  • Working capital: Up to 3 years



  • Rates are determined by the assessed risk
  • Rate discounts in targeted corridors, contact CityWide for eligibility



  • $250 application fee
  • 5% origination fee

1% deposit due upon acceptance of loan commitment to cover out-of-pocket closing costs – i.e. legal, title, recording, etc.

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