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Type
of Funding: Low interest loans.
Eligible Uses
of Funds: Land acquisition, building acquisition, building
additions or renovation.
Eligible Borrowers:
Individuals, partnerships or corporations engaged in for-profit
business.
Loan Amount:
40% of project cost, up to $750,000.
Interest Rate:
Depends on bond market.
Term: Varies.
Contact:
Minnesota Business Finance Corporation
4140 Thielman Lane, Suite 304
St. Cloud, MN 56301
(320) 225-1685 or (800) 593-0123
www.mbfc.org
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Programs |