At Tidewater Business Financing Corporation (TBFC), we offer business owners market rate financing with a minimum down payment to aid in the purchase of an array of fixed assets.

As a non-profit, our sole mission is to assist small businesses and promote economic development.

With TBFC financing, you can:

• Purchase land or an existing building.
• Build a new facility or renovate an existing one.
• Make site improvements, finance soft costs and professional fees, even buy machinery or equipment.

Example of financing on a typical $1 million project.

COST FOR PROJECT
Acquisition of Land & Building	$800,000
Improvements	$160,000
Soft Costs	$40,000
(i.e. appraisal, architects fees, closing costs)
TOTAL	$1,000,000**

Project Financing

	Entity	Loan Amount	Security
	Bank	$500,000	1st Lien
	TBFC	$400,000	2nd Lien
	Borrower Down Payment	$100,000
	TOTAL:	$1,000,000**