Fort Wayne & NE Indiana News

The latest positive news written by residents and organizations in our community.
Business   |   Latest News

Brightpoint Development Fund Offers COVID-19 Express Loan For Businesses

As communities around the world are facing an unprecedented disruption in every aspect of their lives due to the COVID-19 pandemic, the small business sector has been hit especially hard. Due to the high demand for financial relief, the Brightpoint Development Fund (BDF) has created a COVID-19 Express Loan for businesses in northeast Indiana impacted by the pandemic.

Businesses in Adams, Allen, DeKalb, Elkhart, Grant, Huntington, Kosciusko, LaGrange, Noble, St. Joseph, Steuben, Wells, and Whitley counties are eligible for loan funds up to $20,000 with zero upfront costs. Immediate deferred payment options are available.

Businesses interested in applying should submit a BDF COVID-19 Express loan application available at mybdf.org, along with the required documents listed on the website. For additional help, call (260) 423-3546 ext. 215 or email bdf@mybrightpoint.org.

Founded in 2010, the Brightpoint Development Fund provides affordable business loans, financial education and housing development services. BDF is a U.S. Small Business Administration (SBA) micro lender and a U.S. Department of the Treasury Community Development Financial Institution (CDFI.)

Brightpoint is a private, 501(c)(3) nonprofit organization serving more than 43,000 people across northeast Indiana. Through a wide range of programs, Brightpoint helps communities, families, and individuals remove the causes and conditions of poverty. All Brightpoint services are provided without regard to race, age, color, religion, sex, sexual orientation, disability, national origin, ancestry, or status as a veteran.