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Financing Resources

North Central Economic Development Association (NCEDA) Revolving Loan Fund

NCEDA provides financial assistance to businesses through low interest loans for business expansions, new businesses and transfers of ownership in Region Five.  The program is designed to offer fixed asset and working capital financing for new and expanding businesses. Eligible uses include:

- Acquisition and/or improvement of land, buildings, plant, and equipment
- New construction or renovation of existing facilities
- Demolition and site preparation
- Machinery and equipment purchase
- Working Capital, which includes, inventory and accounts receivable

Contacts

Region Five Development Commission

Phone: 218-894-3233

ahanson@region5.org

Category: Local Incentives, Loans

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Fast Fact Image

Todd County was created on February 20, 1885 (Organized in 1873) from Cass County.  The county was named in honor of John Blair Smith Todd, commander of Fort Ripley (1849-56); general in the Civil War; delegate in Congress from Dakota Territory, 1861 and 1863-65; governor of Dakota Territory, 1869-71.