ROCHESTER, N.Y. (WROC) — For this GRE WHY ROC segment, we are looking at a new line of support for small businesses in Ontario County.
It's called the EAGLE Fund. That stands for the Expansion and Growth Loan for Enterprise.
Through a partnership with Canandaigua National Bank, qualifying applicants can get loans ranging from $5,000--25,000 at a fixed interest rate of 2.5%. County leaders say one thing driving this is their desire to be more involved in Main Street.
Learn more by watching our interview with Ryan Davis, Executive Director for Ontario County Economic Development, and Michael O'Donnell, VP – Business Banking Officer at Canandaigua National Bank.