Areas Served: St. Louis City The St. Louis Local Development Co. (LDC) has the ability to provide direct, low interest, subordinated loans for working capital, machinery and equipment, the purchase of land and buildings, renovation, construction, and leasehold improvements. Eligibility – The business must be located in the City of St. Louis and licensed to
Read MoreAreas Served: Statewide Missouri Small Business Loan Program DED/MDFB Guidelines Loan Program Parameters: 1. The loan program is statewide; 2. The total original loan pool is $2M; 3. The interest rate is 3 percent; 4. The terms are typically 10 years or less but may be adjusted for adequate debt coverage. Loan repayment is quarterly
Read MoreAreas Served: Andrew, Buchanan, Clinton, and DeKalb counties Mo-Kan Regional Council was awarded a Rural Business Enterprise Grant (RBEG) from USDA in FY 2010 to create a microloan fund available to small businesses located in rural areas. The loan proceeds are available to small and emerging private business enterprises located within rural populations in the
Read MoreAreas Served: Montgomery, Lincoln and Warren County Boonslick Regional Planning Commission manages lending programs to support job creation and private sector investment in the Missouri counties of Montgomery, Lincoln and Warren. The Microenterprise Loan program is designed to assist small business owners and entrepreneurs secure the needed capital to grow. The maximum loan is $25,000.
Read MoreAreas Served: Franklin County Franklin County Planning and Zoning offers a revolving loan fund for Franklin County, Missouri businesses. – The total amount available for loans is approximately $250,000.00. – The dollar amount for each loan will average $35,000.00 and will generally not exceed $50,000.00 per loan account. – Loan Accounts are available through both
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