How To Open A Business In Downtown Natchez
Step 2. Secure Needed Funding
Among the local financial institutions with Downtown Natchez and Natchez offices are the following:
Concordia Bank & Trust Company
300 Main Street
Natchez, MS 39120
(601) 445-7766
concordiabank.com
Lobby Hours
Mon – Thurs: 9:00 a.m. – 4:00 p.m.
Friday: 9:00 a.m. – 5:00 p.m.
Core Lending Team
320 Main Street
Natchez, MS 39120
(615) 415-9388
corelendingteam.com
Hours
Mon – Fri: 8:00 a.m. – 5:00 p.m.
Sat: By Appointment
Delta Bank
173 Hwy 61 South
Natchez, MS 39120
(601) 446-5925
deltabk.com
Lobby Hours
Mon – Thurs: 9:00 a.m. – 4:00 p.m.
Friday: 9:00 a.m. – 5:00 p.m.
Home Bank
500 Main Street
Natchez, MS 39120
(601) 445-5576
home24bank.com
Lobby Hours
Mon – Thurs: 9:00 a.m. – 4:00 p.m.
Friday: 9:00 a.m. – 5:00 p.m.
Nola Lending Group
601 Main Street
Natchez, MS 39120
(601) 653-3698
Nolalending.com
Hours
Mon – Fri: 8:00 a.m. – 5:00 p.m.
Regions Bank
413 S. Canal Street
Natchez, MS 39120
(800) 734-4667
regions.com
Lobby Hours
Mon – Thurs: 9:00 a.m. – 4:30 p.m.
Friday: 9:00 a.m. – 5:00 p.m.
United Mississippi Bank
203 S. Commerce Street
Natchez, MS 39120
(601) 445-7011
unitedms.bank
Lobby Hours
Mon – Thurs: 9:00 a.m. – 4:00 p.m.
Friday: 9:00 a.m. – 5:30 p.m.
Mississippi Development Authority (MDA)
Below are key lending programs of the MDA:
Minority / Women Business Enterprise Loan Program (MBE or WBE)
Both the Minority Business Enterprise (MBE) Loan Program and the Women Business Enterprise (WBE) Loan Program provide loans to socially and economically disadvantaged minority and/or women-owned businesses as designated by the Mississippi Development Authority’s Minority and Small Business Development Division. Loans are made for the following: land and buildings, working capital, machinery and equipment.
Minority / Women Business Micro Loan Program
The Minority / Women Business Micro Loan Program provides loans to socially and economically disadvantaged minority and/or women-owned businesses as designated by the Mississippi Development Authority’s Minority and Small Business Development Division. The maximum loan amount is $35,000. Loans are made for the following: inventory purchase, working capital, machinery and equipment.
Small Business Loan Guaranty Program
The Small Business Loan Guaranty Program (SBLGP) provides access to capital for small businesses by providing loan guaranties to banks and other small business lenders. The SBLGP encourages lenders to make term loans or provide lines of credit to new or existing small businesses in a difficult credit environment to help with the development, expansion and retention of Mississippi’s small businesses. Loan guaranties are made for the following: building acquisition, renovation or expansion, machinery and equipment acquisition, and working capital.