Local Incentives

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


Region Five Development Commission

Phone: 218-894-3233


Category: Local Incentives, Loans

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