Minnesota RLF - Business Loan Funds

Revolving Loan – Southern Minnesota Initiative Foundation

Areas Served: Blue Earth, Brown, Dodge, Faribault, Fillmore, Freeborn, Goodhue, Houston, Le Sueur, Martin, Mower, Nicollet, Olmsted, In partnership with local lenders, economic development organizations and government agencies, the Southern Minnesota Initiative Foundation uses this loan program to “fill the gap” between available and necessary financing for Minnesota businesses in Blue Earth, Brown, Dodge, Faribault,

Microenterprise Loan – Southwest Initiative Foundation

Areas Served: Big Stone, Carver, Chippewa, Cottonwood, Jackson, Kandiyohi, Lac qui Parle, Lincoln, Lyon, McLeod, Meeker, Murray, Nobles, Pipestone, Redwood, Renville, Rock, Stearns, Swift, Wright and Yellow Medicine counties. The Microenterprise Loan from Southwest Initiative Foundation helps entrepreneurs develop small businesses and self-employment opportunities in the southwest Minnesota counties of Big Stone, Carver, Chippewa, Cottonwood,

Small Business Development Loan Program – Minnesota Department of Employment and Economic Development

Areas Served: Statewide Minnesota The Small Business Development Loan Program provides loans for Minnesota business expansions that result in the creation of new jobs. Small business loans up to $5 million are made by the Minnesota Agricultural and Economic Development Board (MAEDB) through the issuance of industrial development bonds. Eligibility and Terms Manufacturing and industrial

Commercial Fix-Up Loan – City of Coon Rapids, Minnesota

Areas Served: City of Coon Rapids The City of Coon Rapids offers financing for exterior improvements to commercial properties in the City’s established business districts. Who is eligible? Owners of commercial or office properties along Coon Rapids Boulevard and Foley-Northdale commercial district. What can the funds be used for? Exterior building improvements, such as additions,

Revolving Loan Fund – City of Mankato, Minnesota

Areas Served: River valley area of the City located between Madison Avenue and Sibley Park. The revolving loan funds for the City Center Renaissance are intended to promote and assist the revitalization of Mankato’s City Center. This is accomplished through financial support of efforts related to the expansion, retention, and enhancement of business opportunities in