Instructions

Thank you for your interest in applying to Grow NOW, Ohio Treasurer Kevin L. Boyce’s interest rate reduction program.

GrowNOW will provide an interest rate reduction on your bank loan. For every one job your business creates or retains, GrowNOW can reduce your interest rate in $50,000 increments up to $400,000.

Just three reminders before you get started:

  1. Once you start the following small business portion of this application, which will take around 30 minutes, you won’t be able to stop and re-start. Make sure you have enough time to complete it all at once.
  2. In order to be eligible for GrowNOW, you have to secure a loan at an eligible bank. Your loan officer at the bank will have to complete their portion of the online GrowNOW application as well.
  3. Your small business must meet the following criteria:
    • Less than 150 employees;
    • Offices in Ohio;
    • Organized for profit.
You can monitor your progress by tracking the leaves added to the GrowNOW tree at the top of the screen. Remember, you can’t stop and come back to this application, so make sure you have enough time to complete this application now. If you have questions, contact the Ohio Treasury at any time and we’ll help you through. You can call us at 614-466-6546 or e-mail grownow@tos.ohio.gov.

here    If you would prefer to apply using a paper application, click here to download the forms. When you've finished fax them to us at 614-728-7651.
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