Project financing is a critical aspect to any investment project, no matter how large or small. OCIC has access to several different financing tools, which offer creative structures, competitive rates and terms, and compatibility with private lender programs.

COMMUNITY DEVELOPMENT
BLOCK GRANT

Gap Financing; Fixed Rates;
Terms up to 10 Years;
Funds Projects that hire Low-to-Moderate Income Employees;
Private Lender Participation & Business Equity Required

OCIC REVOLVING LOAN
FUND PROGRAM

Gap Financing & Down-payment Assistance;
Fixed Rates;
3-5 Year Term;
Private Lender Participation & Business Equity Required

SBA 504
LOAN PROGRAM

40% Gap Financing, backed by Small Business Administration;
Fixed Rates;
Private Lender Participation & Business Equity Required

OHIO REGIONAL 166
LOAN PROGRAM

Finances Fixed Assets (land, building, Machinery & Equipment);
40% Gap Financing;
Private Lender Participation & Business Equity Required

Additional financing options are available from partners:
JobsOhio; Toledo-Lucas County Port Authority; USDA

SNAPSHOT OF FUNDING AWARDS

AJS
LOGISTICS

Genoa, OH
OCIC RLF
Funding

ALA CARTE
CAFE

Port Clinton, OH
OCIC RLF Funding; Community Development Block Grant

CHIPMATIC TOOL &
MACHINE

Elmore, OH
Community Development
Block Grant

CIAO
BELLA
RISTORANTE

Port Clinton, OH
OCIC RLF Funding

GENOA
CHEVROLET
DEALERSHIP

Genoa, OH
Community Development Block Grant

NAGOYA JAPANESE
STEAKHOUSE & SUSHI

Port Clinton, OH
OCIC RLF Funding

RAYZ
CAFE

Genoa, OH
Community Development Block Grant

TRISH McCARTNEY
STATE FARM AGENT

Port Clinton, OH
OCIC RLF Funding

SLOOPY’S
SPORTS CAFE

Lakeside, OH and Port Clinton, OH
OCIC RLF Funding