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South Dakota Works Flexible Loan Program
Flexible gap financing loan offering working capital, fixed asset financing, and interim construction financing to South Dakota businesses including trades and construction contractors.
About this program
Visit the program website for full details.
Eligibility
For-profit businesses operating in South Dakota needing gap financing. Eligible uses include building construction, equipment purchases, real estate financing, and working capital. Borrower must work with a participating lender for matching funds. SD Works targets 20% of eligible project costs.
Requirements
- Must be a for-profit business operating in South Dakota
- Must partner with a participating lender for matching financing
- SD Works loan targets 20% of eligible project costs