Financial Resources

Grant Programs & Financial Assistance

Small Business Development Center (SBA)

Offers technical assistance to small businesses in planning, marketing, financing, and international development. Helps prepare SBA Loan packages.

757-865-3128

SBA website

504 Capital Corporation

504 Capital Corporation is a nonprofit organization founded to promote financial and industrial growth throughout Virginia, D.C., Maryland, and North Carolina. 504 Capital Corporation is certified by the U.S. Small Business Administration to provide permanent financing through the SBA 504 Loan program.

501 Independence Pkwy., Suite 330
Chesapeake, VA 23320

757-623-2691

504 Capital Corporation website

Virginia Community Capital

Virginia Community Capital (VCC) offers flexible loan capital and consulting assistance for a wide array of community and economic development projects. VCC's credit guidelines are designed to be flexible and fit into funding scenarios when other capital is not readily available.

7814 Carousel Ln., Suite 100
Richmond, VA 23294

804-344-5484

Virginia Community Capital website

Virginia Department of Small Business & Supplier Diversity (SBDC)

Offers free state-wide information on sites and buildings, labor, taxes, utilities, transportation services, financing, laws, and regulations. Offers a variety of direct and indirect financing programs such as the Loan Guaranty, the Virginia Capital Access, Economic Development Loan, and Real Estate and Capital Equipment Loan programs.

804-786-1049

Virginia Department of Small Business & Supplier Diversity website

Virginia Small Business Financing Authority

The Virginia Small Business Financing Authority (VSBFA) is the Commonwealth of Virginia’s business and economic development financing arm. Aligned within Virginia’s Department of Small Business and Supplier Diversity, the VSBFA offers programs to provide businesses, not-for-profits, and economic development authorities with the financing needed for economic growth and expansion throughout the Commonwealth. VSBFA offers loans directly to businesses & non-profits, credit enhancements to banks that are lending to businesses & non-profits, as well as bond financing to benefit for-profit businesses, 501 (c) (3) not-for-profit entities, and to support clean energy and P3 transportation projects. VSBFA also helps small businesses seeking to attract equity investments by providing an equity incentive grant program.

804-371-8254 or contact any of the following VSBFA lenders directly.

101 N. 14th Street,
11th Floor
Richmond, VA 23219

804-786-6585

Virginia Small Business Financing Authority website

York County Economic Development Authority

The York County Economic Development Authority offers a variety of loans, grants, and land discounts to existing businesses and those in target industries. Check out our Incentive Programs.

121 Alexander Hamilton Blvd.
P.O. Box 612
Yorktown, VA 23690

757-890-3317

Virginia Peninsula Community College - FastForward Program

FastForward awards credentials for a career that matters. Take advantage of training in industry recognized, in-demand programs at Virginia Peninsula.

(757) 825-2937

FastForward Program Website