The City of Lorain is committed to helping local businesses grow and thrive. We understand that access to capital is crucial for business success, whether you're starting a new venture or expanding an existing one. Our team strives to offer various financing options, such as grants, loans, and tax incentives to help your business succeed while benefiting the community through job creation, increased tax revenue, and economic diversification.
- Community Reinvestment Areas (Property Tax Abatements)
- Tax Increment Financing (TIF)
- 360 Business Loan Program
- Workforce Development Incentives
- Enterprise Zones
- Lorain Port and Finance Authority
- PACE Financing
- Sales Tax Exemption