The Compact is a U.S. Department of
Treasury-certified Community Development Financial
Institution (“CDFI”). We lend money to new and existing
businesses that bring jobs, goods and services, or add to
the commercial tax base.
offer financing for a variety of small businesses,
ranging from start-up retail businesses, to existing
businesses that need additional credit to grow. We also
offer commercial real estate loans as gap financing.
Our loan portfolio now has $3.8 million in outstanding
principal, from 45 borrowers. Our borrowers can expect
confidentiality about their business plans and the
highest level of professionalism, as we work to
stimulate the business environment in our central city
neighborhoods and along our business corridors.
limited, and are available on a first-come, first-served
basis, following submission of all required application
materials and underwriting documentation.
funds are available to stimulate retail and arts-oriented
businesses in the
King Lincoln District.
The Columbus Compact Commercial Loan Program provides
financing to assist in both the expansion of existing EZ
businesses and the relocation of other businesses to within
the EZ. It also provides financing for the purchase of real
estate within the EZ.
Preferred use of funds includes the purchase of rolling
stock and other equipment needed for business expansion in
addition to the purchase of land. Loans may also be used on
a limited basis to refinance high interest debt to improve
cash flow; working capital (to be capped at 20% of total
loan package value).
for more information or contact:
Phone: 614-251-0926 ext. 105
Sampling of Past and Current Borrowers
Abundant Effect Barber Shop
Accurate Auto Center, Inc.
Aluko Manufacturing Solutions, Inc.
Art's Locksmith Service
BOTT Transportation Properties, LLC.
Central Community House
Chef Butcher's Creole Kitchen
CHP - Barnett
CHP - Byrd
CHP - Lewis
Circle Journey, LTD.
Columbus Urban Growth
D & S Management, LLC.
Douglas Development, LLC
Dr. David Gill Optometrist & Associates
Drains & Pipes
E.E. Ward Moving & Storage Company
Gallarie Les Beaux Arts
General Theming Contractors, LLC.
Greater Linden Development Corporation
John James Estes & Associates, Inc.
Kibibi's Art Gallery
Middleton Printing Company, Inc.
Mukha Custom Cosmetics, Inc.
Ohio Capital Corporation
Olde Maine, LLC.
Olecole Company, Inc.
R & M Foods, Ltd.
Stenson Powell Development
Surly Girls, Ltd.
Sync Consulting Group, Inc.
Take 2 Apparel
Taylor Homes Residential I, LLC.
Watermark Services, LLC.
YouthBuild Columbus Community School
Zen Cha Tea Salon
Personal Credit Report Authorization
Personal Finance Statement
Treatment of Nonpublic Information