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We understand you have a vision for your business to grow, prosper and stay competitive. Making that vision a reality might require investing in equipment to expand operations, purchasing a warehouse to improve your distribution, or increasing your workforce to keep up with demand.
Whatever your needs might be, access to affordable financing is critical. The Citizens Business Bank- featuring the Citizens Competitiveness Fund - can help you secure that funding through low interest rate loans from a minimum amount of $250,000 up to a maximum of $1,000,000, to fuel growth and help your company compete in a global economy.
Applying for a loan through the Citizens Business Bank is easy, convenient, and hassle free. All you need to do is follow a few basic steps. Here's how:
Applicants must submit a completed Application for loans/equity investments to the Delaware Economic Development Office (DEDO).
Upon certification that the application has met program criteria, DEDO will forward the application to Citizens Bank for credit processing and due diligence.
Loan decisions will be communicated in writing by Citizens Bank to the applicant and DEDO.
T o apply for a loan through the Citizens Business Bank, stop by any Citizens Bank branch and speak with one of our Commercial Banking Relationship Managers. Or visit the Delaware Economic Development web site at dedo.delaware.gov, or call them at 302-672-6839. You can also send an e-mail to Gary.Smith@state.de.us.
