Allegheny MWDBE Contractor Working Capital Loan Program
The Allegheny M/W/DBE Contractor Working Capital Loan Program (WCLP) program is
designed to provide accounts receivable financing for small contractors executing public
agency contracts in Allegheny County. The WCLP provides market-rate gap financing to
small contractors based on the WCLP applicant’s need to finance working capital for their
public agency contracts.
Through the Redevelopment Authority of Allegheny County (RAAC) the WCLP is designed
to promote opportunities for those groups who have not had ready access to contract
financing in the Allegheny County, including minority-and woman-owned businesses and
disadvantaged business enterprises. Funds for the program will be provided by RAAC’s
Economic Development Fund (EDF) in partnership with the local banking community.
Loan Size: $10,000 – $100,000