Micro

Micro-Lending Fund
USDA-backed funding with business assistance for start-up/expansion in ten counties in central Minnesota-Cass, Crow Wing, Chicago, Isanti, Kanabec, Mille Lacs, Morrison, Pine, Todd and Wadena.  Funding offered in partnership with East Central Regional Development Commission.  Funding in smaller amounts, no bank participation required. Loans from $1,000 to $50,000, 25% owner’s equity injection required; 1 job created/retained for each $10,000 lent.  Technical assistance included to streamline business practices.  USDA guidelines apply.

Lending Brochure

NCEDA LOAN APPLICATION (PDF)

APPLY ONLINE!