Areas Served: Benton County Benton County, offers a loan program for businesses in Benton County, Minnesota. Financial Structure: – Benton County may provide up to 35% of project cost or a maximum of $150,000 to any company. – A financial institution must be involved in the development project. – Loan terms are structured based on
Read MoreAreas Served: Pembina, Walsh, Grand Forks, Nelson, Griggs, Steele, Traill, Barnes, Cass, Ransom, Sargent, Richland, Cavalier, Ramsey, Eddy, Foster, Dickey, LaMoure, Stutsman counties USDA Rural Development first awarded funds to LARDC in 1993 to establish an Intermediary Relending Program (IRP). Subsequently, LARDC received additional funding in 1995, 2001, 2003, and 2008. The purpose of the
Read MoreA revolving loan fund (RLF), sometimes referred to as a microloan program, is a pool of money where loans are made and the repayments are returned and lent out again, which then allows for other similar investments. For our purposes, we are looking at a revolving loan fund focused on small businesses. There are thousands of low-interest, small
Read MoreAreas Served: Statewide Kentucky The KEDFA Small Business Loan Program was established under the authority of KRS 154.12-325 and 154.12-330. The purpose of the program is to help small businesses acquire funding needed to start or grow their small business. KEDFA may provide terms that are more lenient, less secure, or otherwise less stringent than
Read MoreAreas Served: Eureka California Implemented in conjunction with Eureka Main Street, the Facade Grant program helps Eureka, California commercial property owners and business tenants in targeted downtown areas to improve the exterior of their buildings. The program helps to improve storefronts and offices, revitalizes neighborhood commercial areas, eliminates blight and enhances the livability of surrounding
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