Ocala CEP has partnered with the city to provide low-interest loans to small businesses

OCALA, Fla. (WCJB) – Small businesses in Ocala can now apply for low-interest loans.

The Ocala Chamber and Economic Partnership has partnered with the City of Ocala to initiate a micro-enterprise loan program.

Businesses within the Ocala city limits with five or fewer employees can borrow up to $ 25,000 for the first 48 months at zero percent interest.

No payments are required for the first year and people can also apply for a loan waiver after 12 months if they meet certain criteria.

You can apply for the loan here.

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