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USDA Rural Development Business and Cooperative Loan Assistance

USDA Rural Development Business and Cooperative Loan Assistance

For additional information on USDA Rural Development programs please visit http://www.rurdev.usda.gov/RD_Loans.html or contact the Alexandria, MN office.

S. John Strand
Area Specialist
Phone: (320) 763-3191
John.Strand@mn.usda.gov

Incentives
Minnesota's Angel Loan Fund Program (ALF) provides an additional funding option for businesses certified to participate in Minnesota's Angel Tax Credit Program. Overview The program provides a direct loan for 10 percent of...
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Category: MN State Programs

What does this program do? This program bolsters the availability of private credit by guaranteeing loans for rural businesses. Who may apply for this program? Lenders with the legal authority, sufficient experience and financial strength...
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Category: USDA Rural Development, Federal Incentives

Get help after 2017 hurricanes Hurricane Maria Learn More Hurricane Irma Learn More Hurricane Harvey Learn More Who can use an SBA disaster loan The SBA offers disaster assistance in the form of low-interest loans to businesses, renters, and...
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Category: SBA, Federal Programs

Who may apply for financing? Energy project developers for distributed energy projects Electric Program borrowers or other utilities that serve rural areas How may funds be used? For project loans, there are three typical...
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Category: USDA Rural Development, Federal Incentives

Overview The Minnesota Emerging Entrepreneur Loan Program (ELP) supports the growth of businesses owned and operated by minorities, low-income persons, women, veterans and/or persons with disabilities. DEED provides grant funds to...
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Category: MN State Programs

The Initiative Foundation works to create economic opportunity by lending funds to locally owned businesses. The Initiative Foundation is certified as a Community Development Financial Institution, or CDFI. The certification from...
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Category: Local Incentives

The Minnesota 21st Century Fund makes loans or equity investments in innovative mineral, steel, or other industry processing, production, manufacturing, or technology projects located in the taconite relief tax area....
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Category: MN State Programs

The Minnesota Innovation Loans for Entrepreneurs (MILE) program provides interest-free loans to early stage businesses developing or producing high-tech products or services in Minnesota. This program is an initiative of...
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Category: Minnesota State Incentives

Overview Funds are awarded to local units of government who provide loans to assist expanding businesses. Cities, counties, townships and recognized Indian tribal governments are eligible for this fund. Before You Apply Use this...
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Category: MN State Programs

The Job Creation Fund provides financial incentives to new and expanding businesses that meet certain job creation and capital investment targets. Companies deemed eligible to participate may receive up to $1...
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Category: MN State Programs

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...
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Category: Local Incentives, Loans

The Redevelopment Grant Program helps communities with the costs of redeveloping blighted industrial, residential, or commercial sites and putting land back into productive use. MN Deed Information Redevelopment PDF
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Category: Minnesota State Incentives

What does this program do? This program is a competitive grant designed to support targeted technical assistance, training and other activities leading to the development or expansion of small and emerging...
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Category: USDA Rural Development, Federal Incentives

The Rural Economic Development Loan and Grant program provides funding for rural projects through local utility organizations. USDA provides zero-interest loans to local utilities which they, in turn, pass through to local...
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Category: USDA Rural Development, Grants, Loans, Federal Programs

What does this program do? Provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses to purchase or install renewable energy systems or make energy efficiency improvements. Who...
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Category: Federal Programs, Grants, Loans, USDA Rural Development

The SBA helps small businesses get loans The SBA works with lenders to provide loans to small businesses. The agency doesn’t lend money directly to small business owners. Instead, it sets...
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Category: SBA, Federal Programs

Announcement : Open Letter From Assistant Administrator(PDF) to all RUS Telecommunications Infrastructure Borrowers, Farm Bill Broadband Borrowers and Broadband Initiatives Program ("BIP") Borrowers ("Borrowers") that currently submit dual Operating Reports through the...
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Category: USDA Rural Development, Federal Incentives

TCDC RLF funds provide additional access to capital for new and emerging small businesses where traditional sources of funding are unavailable or limited.  Strong consideration is given to value added agricultural...
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Category: Local Incentives, Loans

Overview Our Tourism Business Septic Tank Replacement Program makes low-interest financing available to existing tourism-related businesses that provide overnight lodging and need to replace a failed septic system. Participation loans in cooperation...
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Category: MN State Programs

For additional information on USDA Rural Development programs please visit https://www.rd.usda.gov/mn or contact the Alexandria, MN office.    
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Category: Loans

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