HWCC Business Loans


HWCC helps small businesses grow with business loans

Small business funding from $1,000 to $75,000!

HWCC works with the Small Business Association (SBA) and other financial institutions and government entities to provide loans to small businesses. Thanks to this partnership, HWCC is able to lend money directly to small business owners. Providing business owners much-needed capital to start and/or grow their business! 


Your Business


"Having that chunk of money from HWCC's Revolving Loan Fund was integral to really open the doors. The biggest hurdle I found with opening the business was the business plan and all the different steps to get the business open. I went to MATC and they highly recommended the Hmong Chamber and as I found out from other community resources as well that the Hmong Chamber was one of the strongest small chambers to help small businesses.

Being Southeast Asian, it related very well, and also with being a woman. I worked closely with the Hmong Chamber to get the final piece of my financing.  I really love being a business owner, it’s not only providing jobs, it is providing a service to people who are looking for that service and you can really make somebody’s day, providing an environment where people are really wowed when they walked through the door, and really, the independence of being a business owner."  


- Wen-Tyan Soo, Owner of Nail Bar Milwaukee


HWCC Loans Available

​HWCC provides 4 loan options to help you grow your business, funded by the Small Business Administration. 

This fund is to be used only for business emergency repairs or replacements or new business to use for technology or business plan underwriting. 

Emergency Fund/TA Loan Information:

  • Dollar amount of $1,000.00-$4,999.99

  • Term- 1 Year max, fully amortized

  • Interest Rate- Prime Rate (currently 5.50%) or 10.5% (floor rate), whichever rate is higher

  • Unsecured loan

The Revolving Loan Fund (RLF) Small Loan is primarily used for small equipment, seasonal agricultural businesses, and public market vendors. 

RLF Small Loans information:


  • Dollar amount of $5,000.00-$9,999.99

  • Term- Up to 2 Year max, fully amortized

  • Interest rate- Prime Rate plus 3.5% or 8.5% (floor rate), whichever rate is higher

  • Typically unsecured loan with an option to take GBSA/lien on asset (equipment loan)

The Revolving Loan Fund (RLF) Large loan is primarily used to provide capital for business start-ups and expansions. 

RLF Large Loans information: 


  • Dollar amount of $10,000.00-$35,000.00

  • Term- Up to 5 years maximum, fully amortized, with annual reviews

  • Interest rates - Prime Rate plus 2.5% or 7.5% (floor rate), whichever rate is higher 

  • Secured loan - GBSA (can use 1st/2nd mortgage lien as an abundance of caution)

The Revolving Loan Fund (RLF) Real Estate Secure Large Loan, provides capital for business start-ups that include real estate and real estate expansions, required to be secured by mortgage real estate. 


RLF Real Estate Secure Large Loan Information:

  • Dollar amount of $35,000.00-$75,000.00

  • Term- Up to 5 Years Max, 10-year amortization max with annual reviews

  • Interest Rate- Prime Rate plus 1.5% or 6.5% (floor rate), whichever rate is higher

  • Secured loan- using Real Estate mortgage lien and GBSA (if applicable

Participatory Lending:  For businesses that need more than $75,000, HWCC has the ability to bring in partners for full funding needs.



We've been working with small businesses in Wisconsin for the last ten years. 

Take a look at some of our amazing members!



Eligibility is based on what a business does to receive its income, the character of its ownership, and where the business operates. Normally, businesses must meet size standards, be able to repay, and have a sound business purpose. Even those with bad credit may qualify for startup funding. Your business qualifies if it meets the requirements below.

Be A For-Profit Business

The business is officially registered and operates legally.

Do Business in the USA

The business is physically located and operates in the U.S. or its territories.

Have invested Equity

The business owner has invested their own time or money into the business.



Applying is simple and easy! 


Start the application process by filling out the online form found here


A HWCC Staff will contact you to discuss your business and loan amount and have you fill out the rest of the application.


After submitting your application, it will go to an underwriting review. If any other documents are needed, we'll reach out to you. 


If approved, sign your loan agreement and you will receive your funds to help grow your business! 


Milwaukee Office

5421 N 118th Ct, Milwaukee, WI 53225 | 414.645.8828

Wausau Satellite Office

1109 N. 6th Street, Wausau, WI 54403 | 715.298.6071

Office Hours: Monday-Friday 9:00 AM-5:00 PM