Montana State Small Business Credit Initiative Loan Participation Program
Montana SSBCI provides loan participation financing to help new and existing Montana small businesses stabilize, expand, restart, or enter the market.
About this program
The Montana State Small Business Credit Initiative 2.0 Loan Participation Program supports private financing for small businesses through approved primary lenders and participating CDFI or revolving loan fund partners. The program participates directly in lender loans at a 50% participation rate and can support eligible uses including real estate, equipment, working capital, and non-speculative new businesses. It is intended to assist existing Montana businesses that need additional borrowings to stabilize, pivot, expand, or restart and new Montana businesses entering the market.
Eligibility
Existing and new Montana small businesses seeking financing through an approved primary lender and participating SSBCI lender or CDFI/RLF partner.
Requirements
- Business must be located in Montana.
- Applicant must work through an approved primary lender and participating lender partner.
- Loan proceeds must be used for eligible business purposes such as real estate, equipment, working capital, or non-speculative new business activity.