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Chattanooga
Opportunity Fund
What is COF?
The COF is a financial fund designed to provide small loans ranging from
$35,000 - $150,000 to residents of the city of Chattanooga.
Who
qualifies for these funds?
Small start-up businesses, women owned businesses, and minority owned
businesses.
Are the rates compatible?
Yes, but keep in mind we are willing to take more risk than the traditional
lending institutions. If we are able to make the loan, the rate will depend
on credit and other financial criteria.
Who determines if I get the loan?
The loan application is reviewed by an underwriter and approved by a lending
committee.
How can I access these funds?
You must first fill out an application. An application can be obtained
at the CNE office, or you may call (423) 756-6223 and ask for Elijah Cameron.
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