Lending

A goal of NCEDA is to create or retain permanent private sector full-time jobs in the region. By providing capital for business development and expansion, NCEDA provides an option for commercial businesses unable to obtain adequate, affordable funding from the private capital marketplace.

By providing financial assistance in the region, NCEDA provides entrepreneurship opportunities for small-business persons, increases manufacturing activity, supports innovative products and processes, and retains one job for every $10,000 of NCEDA funds lent.

Click here to learn more about our Business Financing Options.

NCEDA also provides lending through programs for homeowners for Septic Systems and Well Water.

Click here to learn more about our Homeowner Financing Options for Septic and Well Water.

If you have questions email Stephanie Barney at sbarney@regionfive.org or call 218-894-3233, ext.6.

The North Central Economic Development Association (NCEDA) is a 501c3 affiliate organization of the Region Five Development Commission (R5DC) and was established in 1986 by R5DC in part due to the receipt of a U.S. Department of Commerce, Economic Development Administration grant.

Click here to view the Relationship Between Region Five and NCEDA.