Wyoming Succession Loan (business ownership transition)

Key facts

Copied word-for-word from the official Wyoming state agency page. Last verified October 28, 2026.

Program name

Wyoming Succession Loan (business ownership transition)

Issuing agency

Wyoming Business Council (State of Wyoming)

Funding type

Loan

Funding purpose

Business and Commerce

Status

Ongoing program

Application deadline

Ongoing program · no application deadline published

Published loan amount

Up to $500,000

Eligible applicants (our reading of the official page)

• For profit organizations other than small businesses
• Small businesses

Relevant to

BusinessesHow we determined this: Derived from the eligibility statement on the official page (business, small business).

Geographic restrictions

This is a Wyoming state program. Check the official page for location requirements.

Official source

View the official program page ↗

How to apply (from the official page)

Start at the bank and let them know you are interested in the WBC Succession Loan

Source

wyomingbusiness.org/business/financing/loans/succession-loan/

Last verified

October 28, 2026 (against the official Wyoming state agency page)

Record confidence

highCurated from the official agency page; reviewed by an editor.

Eligibility details (from the agency)

New business owners that are purchasing a Wyoming Business that has been around for the last 7 years. Where the new owners are requesting debt financing from a Bank.

Description (from the official program page)

The Succession Financing Loan is designed to help transition ownership of an existing Wyoming business. The Succession Loan in participation with a bank would provide financing for the purchase of a business that is at least 7 years old. The WBC portion of the loan would be used to fill the unsecured or “blue sky” portion of a purchase helping to enable Wyoming Businesses to continue in Wyoming.