Revolving Loan Program
Increasing access to capital for existing and new minority businesses, while developing partnerships with the business community.

The African America Chamber of Commerce of Wisconsin’s (AACCW) Revolving Loan Fund

​The AACCW’s Revolving Loan Fund provides GAP financing from 5,000 to $35,000 at 6% interest in capital to launch a start-up or expand the capacity of an existing business for the following uses:

  • Operating Capital
  • Machinery & Equipment
  • Building Renovation
  • Bonding Assistance

Why AACCW

As an applicant and throughout the term of the loan, AACCW will provided one-on-one technical assistance with credit repair, loan application, business plan, financial projections, have access to Capacity Building Workshops, and quarterly business events designed to provide training on business finance and management, marketing, procurement and contracting, minority supplier certification process, asset building, and networking.  In addition, to the aforementioned AACCW will assist applicants with available grants, bids/contracts, code ordinances, licenses and permits.

Ineligible Business

  • Speculative investment companies
  • Real estate investment companies
  • Lending institutions
  • Gambling operations
  • Non-public recreation facilitates
  • Non-Profits
  • Other businesses not serving the interest’s of the Community such as taverns, adult stores, payday loan, etc.

Partners

  • Associated Bank
  • Guaranty Bank
  • Kohler Credit Union 
  • Legacy Redevelopment Corporation
  • Milwaukee Economic Development Corporation (MEDC)
  • Milwaukee Urban League (MUL)
  • North Milwaukee State Bank
  • North Shore Bank
  • Town Bank
  • Tri-City National Bank
  • Wisconsin Black Chamber of Commerce
  • Wisconsin Business Development (WBD)
  • Wisconsin Economic Development Corporation (WEDC

Testimonial

“Since becoming a member of the African American Chamber of Commerce they’ve supported me and helped me out with my endeavors 100%. They’ve also given me leads and connected me to business leaders that fit my mission and vision of my companies. AACC was also a sponsor for our Black Panther movie event and helped with promoting it and getting it out to their members and network. I have nothing but a ton of good things to say about AACC and I’m glad to be a member.”

Arlando Monk, Geek Dreams – Member

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