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AK

Alaska Industrial Development and Export Authority Loan Participation

State development finance participation that helps Alaska businesses obtain commercial loans.

About this program

AIDEA participates with banks and other lenders to help finance eligible Alaska business and economic development projects. Anchorage companies may use loan participation for real estate, equipment, working capital, and expansion projects when a participating lender and AIDEA approve the deal.

Eligibility

Eligible Alaska businesses and projects working with participating commercial lenders and meeting AIDEA criteria.

Requirements

  • Alaska business or economic development project
  • Participating lender
  • Eligible project costs