LISC is a mission-based lender, offering business loans of $100,000 to $500,000 for permanent working capital, leasehold improvement, and equipment. LISC also provides commercial construction and acquisition loans from $500,000 to $5 million.
Economic Development loans
LISC offers Accelerated Business Loans, Permanent Working Capital Loans and Leasehold Improvement/FF&E Loans to existing businesses within LISC communities. Loan amounts range from $25,000 to $500,000.
Commercial Real Estate loans
LISC provides acquisition and construction loans for commercial and mixed-use projects. Loan amounts range from $500,000 – $5,000,000.
Maker Space loans
LISC provides commercial property acquisition and construction loans to multi-tenant maker spaces. Loan amounts range from $500,000 – $3,000,000. LISC considers a maker space an adaptive reuse of old industrial buildings, warehouses and large commercial spaces to a multi-tenant facility. The spaces are characterized by small commercial rental units, short term leases, common areas and shared equipment typically used for business incubation, light/artisanal manufacturing and technology businesses.
immito, a LISC affiliate, provides capital access to small businesses in all 50 states through the SBA 7(a) Loan Program. immito believes that starting, building and growing small businesses is a powerful strategy for transforming communities and making those communities economically dynamic and competitive.