Commonly Asked Questions

What types of businesses does CityWide typically serve?

CityWide works with for-profit small to medium-sized businesses. As defined by the SBA, these are companies making $2.5 million or less in annual profits after taxes and with less than $7.5 million in total net worth.

Explain what loan products CityWide has to offer

CityWide offers many loan products intended to meet the wide array of needs of Dayton’s small to mid-sized companies. In some cases, CityWide’s loan products can be mixed and matched to create the best solution for your business. Click here for more information on CityWide’s loan programs. We are happy to work with all lending institutions as a senior partner in financing projects.

For what types of projects can CityWide loans be used?

Common uses of funds include building acquisition and renovation, equipment and machinery, working capital and others.

How much equity can my company expect to contribute?

Our goal is to reduce the level of equity an owner must put into a project. Often, the level is determined by the amount a senior lender is requiring. Companies established within the past two years can expect to contribute between 15 to 20 percent into a project. For established companies, the common owner injection is 10 percent or lower, and is determined on a case-by-case basis.

Who should I contact for more information?

Meet CityWide’s economic development team and contact a business development officer or visit our company directory.