No-Interest Loans
On September 20, 2018, the Orange County Board of County Commissioners approved a Capital Loan Program and expanded Capital Funding Policy to assist nonprofits. The revolving loan program was funded with $500,000 and a portion of the County’s Community Loan Fund. The Community Loan Fund is an existing revolving County loan fund eligible for expansion and capitalization through annual capital financing.
The County recognizes that nonprofits need attractive financing options to meet capital campaign goals. The Community Loan Fund offers 0% interest loans with repayment terms over five or ten year periods. There are no minimum loan thresholds. The maximum loan amount is $100,000.