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      • Join LCCSEW
    • Lending Programs
      • Capital Equipment Loan
      • Refinancing Debt Loan
      • Sustainability Support
      • Kiva Loans 0%
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  • About Us
  • Membership
    • Join LCCSEW
  • Lending Programs
    • Capital Equipment Loan
    • Refinancing Debt Loan
    • Sustainability Support
    • Kiva Loans 0%
  • Event Registration
    • Archived Events
  • Calendar
  • Directory
  • Resources
    • General Resources
    • Herramienta Fincanciera
    • Technical Assistance
  • Job Board
  • Store

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Capital Equipment Loans

As an alternative lender, the LCCSEW can help out those who don't have the opportunity to receive a conventional loan from a bank. We also work with a network of alternative lenders that can assist you.


Please give us a call for advice and review of your situation! 

414-509-6179


Applicants can only hold one loan with the Chamber at the time.  Check with staff for further details.

*Los solicitantes sólo pueden tener un préstamo con la Cámara a la vez. Consulte con el personal para obtener más detalles.*

Capital Equipment Revolving Fund

Capital Equipment Loan

The Application Fee is $100, non-reimbursable, and can be financed into the loan amount. This program provides term loans to businesses seeking to buy capital equipment.

 

Purpose: To finance small capital equipment for start-ups and existing businesses


Amounts Financed: Minimum $2500.00 and Maximum $25000.00


Terms: 18-60 months based on the amount requested.


Interest: 5.99 -7.99% based on risk


Processing time: 45-60 days from receipt of a complete application.


Permitted uses:

  • Property Improvement Costs
  • Purchase of machinery and equipment

Documentation Required:

1. LCCSEW Universal Loan Application

2. A business plan, if any, or evidence of taking a business planning class with LLCSEW, Latino Entrepreneurial Network, Small Business Development Center, or WWBIC.

3. Two years of tax returns for business and personal. If you are a start-up, personal returns are sufficient.

4.  Two years of Profit and Loss and Balance Sheet Statements and current year YTD financials. For a business with less than two years of history, financial projections will be required

5. Resume/background of owners

6. Articles of Organization and Copy of the Employer Identification Number

7. Evidence that your business is operating such as a licence, permit or annual report

8.  Agreement to receive technical assistance for one year.


The Latino Chamber of Commerce of Southeastern Wisconsin reserves the right to request additional documentation on a case-by-case basis. LLCSEW is an equal opportunity lender and will review all applicants' credit histories to evaluate their character.


Préstamo para Equipo o Maquinaria

  

El cargo de solicitud es $100.00 el cual puede ser financiado. Este programa provee financiamiento a negocios buscando comprar capital. 


Propósito: Financiar la compra de equipo para negocios emergentes o establecidos

Cantidad para financiarse:  $2500.00 mínimo - $25000.00 máximo


Términos: 18-60 meses basado en la cantidad peticionada


Interés: 5.99 -7.99% basado en el riesgo de la propuesta


Usos permitidos:

  • Mejoras a una propiedad comercial
  • Compra de maquinaria o equipo comercial


Documentación requerida:

1. Solicitud universal de la Cámara de Comercio Latina del Sureste de Wisconsin (LLCSEW). 

2.  Un plan de negocios si lo tiene o evidencia de que ha tomado un curso de negocios con la Cámara, La Red Empresarial Latina (LEN), un Centro de Negocios pequeños (SBDC) , o con WWBIC.

3. Dos años de Impuestos Comerciales y dos años personales. Si el negocio es nuevo solo se consideran los personales, pero vea los requisitos en el punto 4.

4.  Dos años de su hoja de pérdidas y ganancias, la hoja de balance de su negocio más las finanzas del año en que solicita. Si es un negocio nuevo se le pedirán proyecciones financieras de 3 años.

5. Currículo o historial de experiencia del dueño

6. Artículos de organización de su empresa y carta de otorgación del número federal de identificación de la empresa

7. Evidencia de que su negocio esta operando como licensia, permiso o reporte corporativo anual.

8.Acuerdo a recibir consejería por un año con un consejero empresarial

 
 

La Cámara de Comercio del Sureste de Wisconsin se reserva el derecho de pedir documentación dependiendo del caso. La Cámara de Comercio del Sureste de Wisconsin evalúa el historial de crédito del aplicante como parte de evaluación del carácter del solicitante. La cámara es un prestamista que provee oportunidades iguales a todos los solicitantes. 




Loan Application Fee

Non-refundable Loan Application Fee

This mandatory payment is required for loan applications. Please be aware that it is non-refundable and does not ensure loan approval. 

General Loan Form

Fill out this form to be reviewed and email it to us at 

erik@latinochambersew.org


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Latino Chamber of Commerce of SE Wisconsin

530 S 11th Street, Suite 300, Milwaukee, WI 53204

414-487-5007

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