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MN
Minnesota Growth Loan Fund
Provides direct loans to Minnesota businesses through the state's SSBCI-supported growth financing programs.
About this program
The Minnesota Growth Loan Fund is an SSBCI-supported financing program that provides loans to eligible small businesses in Minnesota. The program is designed to help businesses access growth capital for eligible costs when conventional financing alone is not sufficient.
Eligibility
Eligible applicants are Minnesota small businesses that need growth financing for eligible business purposes and can meet DEED program and underwriting requirements.
Requirements
- Business must be an eligible Minnesota small business.
- Funds must be used for eligible business growth purposes.
- Applicant must demonstrate financing need and repayment ability.