Hamden Economic & Community Development
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Community Economic Development Fund

Community Economic Development Fund (CEDF)


Standard Loans ($50,000 to $250,000)

  • Term Loan or Line of Credit
  • Payments
  • Repayment terms
  • Business Development Advisor

Fast Funds Loans (up to $10,000)

  • Streamlined application
  • Quick Approval
  • Interest rates and terms
  • Collateral
  • No Prepayment penalties
  • Eligibility

SBA Microloans (up to $50,000)

  • Can combine with other CEDF loans up to $150,000
  • For For-Profit Businesses

Grow Your Business Loans ($50,000 to $250,000 and in business at least 3 years)

  • For existing businesses with an opportunity for growth
  • Simplified Application process
  • Term Loan or Line of Credit
  • Payments
  • No Pre-payment penalties
  • Repayment terms
  • Business Development Advisor
  • Uses
  • Costs

Loan Enhancements

  • Micro Loan Guarantee Program for Women and Minority Business Owners
  • Connecticut Inner City Business Loan Guarantee Program
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