Financing Options for Small Businesses

Building Your Financial Package

Our hope is not to advocate for any one financial option but to provide a local contact for any of the entities you might want to choose. Please still feel free to reach out to Chelsie or Kate with questions.

Local Traditional Banks

Fifth Third Bank

First State Bank
Megan Scott, WCH Banking Center Manager – 740-335-3771 or mscott@fsb4me.com
Diana Setty, AVP/Retail Market Lender – 740-335-3771 or dsetty@fsb4me.com

Huntington National Bank
Eric Varney, Business Banker/Branch Manager – 740-333-3800 or eric.d.varney@huntington.com

LCNB
Buck Minyo, VP Agriculture & Commercial Lending – 740-335-2257 or bminyo@lcnb.com

Merchants National Bank
Drew Dollich, AVP Commercial Lender – 740-313-7582 or adollich@merchantsnat.com

U.S. Bank
Melissa Best, Small Business Specialist – 937-509-8988 or melissa.best@usbank.com

Union Savings Bank
Carrie Johnson, Community Loan Officer – 740-505-8243 or cjjohnson@usavingsbank.com

Local Credit Unions

Atomic Credit Union
Lori Hatfield, Branch Manager – 740-313-8452 or lhatfield@atomiccu.com

Farm Credit Mid-America
Trey Miller, Financial Officer- 740-505-0514 or trey.miller@fcma.com

Non-Bank Financing

Washington Court House Only

Revolving Loan Fund
Historic District Living Grant

County or City

Community Improvement Corporation (CIC)
CIC is a local gap financing loan option for small businesses in Fayette County.

State or Out of County Funding Options

Piketon Minority Business Assistance Center (MBAC)

Marlene Blair, Business Counselor and Appalachian Outreach Specialist
Direct:  513.475.7145, marlene@african-americanchamber.com

Catherine J. Lentz, Director of Lending
Direct: 513-275-6338, clentz@ecdi.org

Tommy McGuffey, Director of WBC of Greater Dayton
Direct: 937-345-0010, Email: tmcguffey@ecdi.org

Pike County CAC

Ohio Valley Regional Development Commission

JobsOhio – Small Business Grant

JobsOhio – Vibrant Communities Grant

 

Fayette County Businesses are support by the Ohio State University Small Business Development Center. There mission is to accelerate Ohio’s economy by helping people start, sustain, and grow their business. The SBDC provides dynamic technical assistance to small business owners and continues to make entrepreneurship a priority in Ohio’s communities. It promotes diversity in entrepreneurship, providing assistance to minority, veteran and women owned businesses. The Center educates prospective, new and second stage business owners through direct consulting, training, research, and technical assistance in all areas of business management. The Center also provides peer-to-peer learning, access to venture capitalists, guidance in diversification and strategic planning. In addition, the SBDC has a network of partners which include colleges, universities, chambers of commerce and economic development agencies in Southern Ohio. The Small Business Development Center is funded through the Ohio Development Services Agency and the United States Small Business Administration.

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Mission Statement

To advance the civic, economic and social welfare of the people of Fayette County.

Values & Goals:

  • Build leaders in Fayette County
  • Grow the business community
  • Serve others with integrity and professionalism
  • Foster relationships and collaboration
  • Embrace change
  • Radiate passion
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