Areas Served: Statewide Minnesota
The Native American Development Corporation was established in 1996 to create and administer loan funds to finance American Indian entrepreneurs, build economic infrastructure on reservations and provide technical and resource assistance to American Indian owned businesses.
NADC became a Certified Native CDFI in 2001. NADC provides training, technical assistance and small business loans.
We are also a lender under The Indian Loan Guaranty, Insurance and Interest Subsidy Program (formerly known as a Bureau of Indian Affairs (BIA Guarantee Loan Program).
NADC offers a variety of loan products including micro and macro (larger) small business loans.
This is a loan program and not a grant program.
Each loan application is reviewed by a loan committee and each application outlines a business plan, financial statements and projections as well as available collateral.
The success of the NADC Revolving Loan Fund Program is reliant on loan repayment for the purpose of relending to more Native businesses.
NADC will provide technical assistance as needed in your business endeavors, because your success is our success.
Eligibility requires business owners or partners be enrolled members of a federal or state recognized tribe and be 51% owner of the business.
Contact Information
Native American Development Corporation
Address: 2722 3rd Ave. N., Suite 250
City: Billings
State: Minnesota
Website:
https://www.nadc-nabn.org
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