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Interest Free Loans

Triangle is able to assist with two unique interest-free loan programs which can help strengthen and improve the economies within our service region. 

Triangle Communications Economic Development Loan Fund
Triangle accepts applications for interest-free $500 to $10,000 loans for eligible, cost-effective projects which create, expand or maintain businesses or jobs, plus improve efficiencies in our service area. Official guidelines can be found here and the application is below.

The purpose of this Economic Development Loan Fund is to enhance the quality of life in rural areas by contributing to the long-term improvement in the economy, including job creation and retention, diversification of the economy, improving the education and skills of the rural workforce and upgrading the public infrastructure to improve the health, safety and/or medical care of rural residents.

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Project Costs - List how all project costs, including anticipated loan funds from Triangle and other funds will be used :

equipment, fixtures, building renovation, inventory, start up costs, etc

Collateral - List all business items/assets to be considered as collateral for this loan.

(provide details, year purchased, model, condition, etc)

Financial History

include owners and full time equivalent employees
include owners and full time equivalent employees

Additional Information Checklist

If you have the items below in electronic format, please attach them to your application. If not, our Economic Development Specialist will be in contact with you to get the additional items.

Attach Balance Sheet and Profit and Loss Statement
Drag and drop files here or Browse Max file size: 360MB
Attach a Projected cash flow statement for the next 24 months
Drag and drop files here or Browse Max file size: 360MB
Attach a Personal Financial Statement
Drag and drop files here or Browse Max file size: 360MB
Attach a Business Plan
Drag and drop files here or Browse Max file size: 360MB
Terms and Conditions: The information in this application is accurate to the best of my knowledge. I understand that personal and or business information may be requested pursuant to this loan application and I hereby give consent for such information to be provided to Triangle Communications. I also understand that Triangle Communications retains the sole decision as to whether this loan application is approved, disapproved, or modified. It is my right to accept or decline the loan amount, rate and terms approved by Triangle Communications. *
ALTCHA *

USDA Rural Economic Development Loan Program

Access to this program is available through Triangle Communications for large projects promoting economic development and creating jobs in the region.  To apply, please This email address is being protected from spambots. You need JavaScript enabled to view it.