Your Marshfield Economic Development Specialist will provide you with access to various programs that are available to assist you with your project. Many programs can be combined to help finance land, buildings, equipment and more. Below are a few for you to consider; however we will be happy to work with you one-on-one to connect with the best programs for your specific project. For more information, call or email the City of Marshfield’s Director of Development Services, 715-486-2075; or Karen Olson, MACCI Business Development Director at 715-384-3454.
Central Wisconsin Economic Development fund (CWED) — This regional loan fund program serves as an economic stimulus in Central Wisconsin to fill financing gaps in local markets. The CWED Loan fund provides direct loans for up to 10 years at rates beginning at 2% in partnership with other lending institutions.
Local incentives such as tax incremental financing are also available and are customized to each individual project.
For more information email the City of Marshfield’s Director of Development Services, or call 715-486-2075.
Wisconsin Economic Development Corporation (WEDC) — Programs and resources to help businesses grow in Wisconsin.
Wisconsin Housing and Economic Development Authority (WHEDA) — The Wisconsin Housing and Economic Development Authority (WHEDA) was created in 1972 by the Wisconsin Legislature as an independent authority, not a state agency. As a lender, WHEDA has over $3 billion in assets.
WHEDA works closely with lenders, developers, local government, nonprofits, community groups and others to implement its low-cost financing programs. We provide low-cost, fixed interest rate mortgages to low- and moderate-income individuals and families to purchase their first home. We also work with developers to finance affordable rental housing, and support economic development and agriculture through our small business guarantee programs.
Small Business Administration (SBA) — Since its founding on July 30, 1953, the U.S. Small Business Administration has delivered millions of loans, loan guarantees, contracts, counseling sessions and other forms of assistance to small businesses.
United States Department of Agriculture (USDA) — various agriculture related loans and grants.