Areas Served: Valley, Daniels, Sheridan, Roosevelt, McCone, Garfield, and Richland Counties
The MicroBusiness loan program is designed to fund economically sound business projects who because of their small size are unable to obtain commercial funding in the Montana counties of Valley, Daniels, Sheridan, Roosevelt, McCone, Garfield, and Richland.
– Qualified applicants may borrow up to $35,000 at an above-market fixed interest rate.
– Loan proceeds may be used for working capital and fixed assets.
Length of the loan varies.
– Credit decisions are based on a business plan noting repayment ability, a credit report, and management capability.
– Collateral and credit history are evaluated on an individual basis.
– Fewer than 10 full time employees – Annual gross revenues under $500,000
Contact InformationGreat Northern Development Corp
Address: 233 Cascade St
City: Wolf Point
State: Montana
Website:
http://www.gndc.org/menu-2/
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