Resource service: <span>Loan Providers (Non-traditional)</span>
Arrowhead Regional Development Commission Revolving Loan Fund
Arrowhead Regional Development Commission (ARDC), in cooperation with the US Economic Development Administration (EDA) has developed a business loan program which provides below market rate financing for eligible businesses. The…
Read MoreNorthspan Group
Northspan is a private nonprofit economic development firm offering a full array of professional business and community development services: organizational development strategic planning facilitation funding development with grant and loan…
Read MoreNorthland Foundation Royalty Investments
Royalty Investments are flexible loans designed for higher risk projects that do not qualify for other financing options. The types of businesses that could benefit include start-ups, highly leveraged businesses…
Read MoreNorthland Foundation Loan Guarantee Program
The Northland Foundation has established a Loan Guarantee Program available to banks acting on behalf of their commercial borrowers. Under the program, a bank will provide standard commercial financing, and…
Read MoreNorthland Foundation Business Loan Program
The Northland Foundation in cooperation with several funding partners has developed a Business Loan Program for the purpose of providing below market rate financing for eligible businesses in Northeastern Minnesota.…
Read MoreRural LISC Community Facilities Fund
The Local Initiatives Support Corporation (LISC) is approved as a USDA Community Facilities (CF) Re-Lender. Loans must meet USDA requirements, but LISC will offer streamlined application processing. Loan Types: Permanent,…
Read MoreGreat River Energy
Great River Energy is the second largest electric wholesale power supplier in state and the fourth largest generation and transmission (G&T) cooperative in the U.S. in terms of assets. Great…
Read MoreLISC Growing Rural Communities Fund
The Local Initiatives Support Corporation (LISC) has developed a financing tool to provide low-interest lons to qualified commercial real estate projects in rural America. The Growing Rural Communities Fund finances…
Read MoreIRRR Small Business Loan Guaranty Program
Purpose: To provide access to additional capital for growth of viable area companies. Guaranty Amounts IRRRB will guaranty 75% of a new bank loan, up to a $75,000 maximum guaranty.…
Read MoreIRRR Direct Loans, Loan Guaranties, Equity Investment Programs
The purpose of the Direct Loan, Loan Guaranties, and Equity Investment programs is to increase, expand, and diversify the area's economic base by assisting private investment. Start-up businesses and existing…
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