Small Business Financing

Connecticut Small Business Boost Fund

Affordable financing to help Connecticut small businesses and nonprofits invest in operations, equipment, and long-term growth.

$5K–$500K Loan Amounts
4.5% Published Fixed Rate
60–72 Month Repayment Terms
$0 Origination Fees
About the Program

Financing to Support Business Growth

The Connecticut Small Business Boost Fund, supported by the Connecticut Department of Economic and Community Development (DECD), provides eligible small businesses and nonprofits with access to affordable loans and business support through participating community lenders.

Program Requirements

Eligibility & Loan Guidelines

General Eligibility

  • Connecticut-based businesses and nonprofits
  • Fewer than 100 full-time employees
  • Annual revenue up to $15 million
  • Generally at least one year in operation

Additional Guidelines

  • Limited startup financing may be available
  • Additional restrictions apply to businesses with revenue above $8 million
  • Loan approval is subject to lender underwriting
  • Current program terms should be confirmed before applying
Uses of Financing

What Can the Funds Be Used For?

Boost Fund loans may support a variety of eligible business expenses and investments.

Equipment & Machinery
Payroll
Rent & Utilities
Business Supplies
Marketing
Building Improvements
Eligible Refinancing
Other Approved Expenses
Get Started

Ready to Explore Your Financing Options?

Visit the official Connecticut Small Business Boost Fund website to review program details, participating lenders, and application information.

Visit Boost Fund →

Loan terms, interest rates, fees, eligibility, and availability are subject to current program guidelines and lender approval. Loans must be repaid and are not grants. For current information, visit the official Boost Fund website . You can also explore seCTer’s business lending programs .