Predevelopment — Local Initiatives Support Corporation

Predevelopment — Local Initiatives Support Corporation is a business loan from Local Initiatives Support Corporation. The ongoing APR is 7.85% (rates as of 01.01.2025). Typical credit limit: $50,000 - $2,000,000. Loan terms: Up to 3 Years; Interest-Only Payable Monthly.

Other Local Initiatives Support Corporation cards & products

• Construction — Business Loan
• Working Capital Line of Credit — Business Line of Credit
• Mini-Permanent — Business Loan
• Bridge — Business Loan
• Acquisition — Business Loan
• Permanent — Business Loan

Sources & citations

• Apply link, How to apply: https://www.lisc.org/our-model/lending/work-with-us/
• Lender name, Issuer: https://www.lisc.org/our-model/lending/loan-products/
• Loan terms, APR, Lender website, Product name, Product type, Other conditions, Credit limit / amount: https://www.lisc.org/media/filer_public/55/f4/55f4618a-4afc-44b9-a834-7a327341b3ee/lisc_commercial_lending_products_2025_english.pdf
• Where it's offered, Eligibility: https://www.lisc.org/our-model/lending/ (checked 2026-10-19)