Areas Served: Stillwater, Carbon, Sweet Grass and Big Horn Counties.
Assist economically distressed areas in the creation and retention of jobs in the Montana counties of Stillwater, Carbon, Sweet Grass and Big Horn.
Eligibility: Borrowers must be (1) located within Beartooth Economic Development District excluding Yellowstone County), (2) unable to obtain reasonable financing elsewhere and (3) create jobs, especially for low income groups, expand tax base or develop new technology or processes Uses and Term – Working Capital – up to 7 years – Business Equipment – 3 to 10 years – Land and Buildings – up to 20 years Amount: Generally between $ 25,000 $ 100,000 Interest Rate The rate and term the participating bank is using.
It is also dependent on risk and collateral.
Contact InformationBeartooth RC&D Area, Inc
Address: 604 W Front St
City: Joliet
State: Montana
Website:
http://www.beartooth.org
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