A New Way to Help Local Businesses Grow: Buckeye Business Advantage

Chamber Amplified

Chamber Amplified
A New Way to Help Local Businesses Grow: Buckeye Business Advantage
Dec 09, 2025
Findlay-Hancock County Chamber of Commerce

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Access to capital is one of the biggest barriers facing Ohio’s small businesses, and the state has rolled out a brand-new tool to help. This week on Chamber Amplified from the Findlay-Hancock County Chamber of Commerce, Ohio Treasurer Robert Sprague returns to break down the newly launched Buckeye Business Advantage, a program designed to reduce interest costs for eligible small businesses across the state.

In this conversation, we cover:

  • How the program works: A state-backed interest rate reduction of up to 3% for two years on loans up to $1 million
  • Who qualifies: Ohio-based, for-profit businesses with 150 or fewer employees
  • Why it matters: High interest rates continue to strain expansions, equipment purchases, and hiring
  • Why it was created: What the Treasurer’s Office learned from Ohio businesses, lenders, and the long-running AgLink program
  • How to get started: Why your first call is to your local bank, not the state
  • We also touch briefly on AgLink, the Ohio Home Buyer Plus program, and the Treasurer’s perspective on the affordability challenges facing businesses and families.

Whether you're a manufacturer looking to expand, a startup needing flexible capital, or a local business planning to grow in 2026, this program could reduce borrowing costs in a meaningful way.

For more info about the Buckeye Advantage Program, click here. 

Music and sound effects obtained from https://www.zapsplat.com

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