Enterprise Loan Fund
Type of Assistance: Loans
Industry: Counties, Other
Maximum Amount Available: $100,000
Qualifier or Eligibility
- Inventory, equipment, working capital,
- building. Starting and expanding business.
- Business plan, repayment plan, financial
- statements Aitkin, Carlton, Cass, Cook, Crow
- Wing, Koochiching, Pine, St. Louis, Lake
- (and Douglas County, WI). Business plan,
- cash flow, financial statements, income
- tax returns (2 yrs).
Funds
- Loan amount: up to $100,000
- Loan: 60 days-10 years
- Interest: fixed – higher than banks
- $100,000 existing businesses
- $35,000 business start-up
