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Hawaii DBEDT Business Development Loan Program

Hawaii Department of Business, Economic Development and Tourism (DBEDT)HI-DBEDT-LOANRefreshed 1 month ago
Do I qualify?
Max funding

$750K

per applicant

Type

Loan

Below-market financing

Deadline

Rolling

No fixed cutoff

Timing

Rolling

Apply when you're ready

Complexity

Moderate

Underwriting required

About This Program

Low-interest loans for Hawaii small businesses that cannot access conventional financing. Loans of $100,000–$750,000 support expansion, equipment acquisition, real estate, and working capital for Hawaii-based companies creating local jobs.

Key Requirements & Eligibility

  • 1Business must be located in Hawaii
  • 2Fewer than 100 employees or less than $1M in assets
  • 3Must demonstrate job creation or retention
  • 4Interest rate: prime + 1% (capped at 8%)
  • 5Personal guarantee required from owners with 20%+ equity

Do I qualify?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Business must be located in Hawaii

2.Fewer than 100 employees or less than $1M in assets

3.Must demonstrate job creation or retention

4.Interest rate: prime + 1% (capped at 8%)

5.Personal guarantee required from owners with 20%+ equity

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