Capital Connections A sampling of financing programs nationwide

Phoenix businesses that are at least 2 years old, have a net worth of less than $7.5 million, and annual profits (after federal income tax) of less than $2.5 million may apply for microloan funds ranging from $25,000 to $100,000 through the Enterprise Community Microloan Participation Program operated by the city of Phoenix. Loans are provided by community lending institutions, with the city putting up 25 percent to 50 percent of the total loan amount. Call (602) 262-5040 for information.

California

• Manufacturing or light industrial firms in Irvine that are expanding, moving to the city or building a new facility to create or retain jobs can apply for up to $10 million at below-market interest rates through the Industrial Development Bond program. Proceeds can be used for capital improvements or equipment purchases. For information, contact Peter Cox at (714) 724-6364.