For Developers


For Business Owners

For Investors

Eligibility and Criteria


CommCap small business loans fund working capital needs, the purchase of machinery and equipment and/or new construction or rehabilitation of commercial real estate for existing small businesses, community-based organizations and start-up businesses. The minimum loan amount is $50,000 and the maximum loan amount is $500,000.

Business must meet the following criteria:

  • Job creation – the financing must create jobs in the greater Bridgeport area
  • Tax generation – the financing must produce tax revenue for the City or State
  • Neighborhood stabilization – the financing must employ residents and/or fill vacant properties in the target area or bring needed services to the neighborhood
  • Interaction with local business – the business financed should buy/sell goods/services to/from local businesses or residences
  • Not bankable at a reasonable rate
  • Collateral offered consistent with risk
  • Net personal cash flow sufficient to cover financing costs

Required Documentation

  • Completed Application with non-refundable fee
  • Personal Financial Statements of all Borrowers/Guarantors
  • Signed Federal Income Tax Returns (2years)
  • Corporate Financial Statements (2 years)
  • Corporate Tax Returns (2years)
  • Business Plan (start-up or less than one year old)
  • Projections
  • One year cash flow

*Please note that these are minimum requirements. In some cases, we have asked for or may later ask for additional information before final approval can be granted

CommCap Small Business Info

Small Business Portfolio Snapshot Small Business Portfolio
Loan eligibility and criteria Loan eligibility and criteria

If you are interested in applying for a business loan, please download an application or call Fred Tencic at 203 332-7977.