Areas Served: Aitkin, Carlton, Cass, Cook, Crow Wing, Itasca, Koochiching, Lake, Pine and St. Louis counties in Minnesota, and Douglas County in Wisconsin
Enterprise Loans are designed for existing business owners and experienced entrepreneurs in Aitkin, Carlton, Cass, Cook, Crow Wing, Itasca, Koochiching, Lake, Pine and St. Louis counties in Minnesota, and Douglas County in Wisconsin who are looking to expand or make a major business purchase.
Enterprise Loans can be made for up to $100,000. As with SBA Microloans, the eligibility requirements for Enterprise Loans are more lenient than the requirements of most banks and other financial institutions, and the funds may be used in a variety of ways.
Benefits of a loan through NEF – No application fee – No origination fees – Flexible terms – Low closing costs – Fixed interest rate Loan proceeds may be used for: – Working capital – Purchase of inventory, supplies, etc.
– Purchase of machinery and equipment – Real estate – Refinancing current debt
Contact InformationNortheast Entrepreneur Fund
Address: 8355 Unity Drive, Suite 100
City: Virginia
State: Minnesota
Website:
http://www.entrepreneurfund.org/finance-a-business/
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