Momentum, Impact and Resiliency funds
- Microloans
- Momentum loans range from $1,000 to $25,000 for startups and expansions needing working capital, inventory or equipment.
- Gap funding
- The Impact Fund serves projects unable to obtain other capital, including startup and equipment needs or financing gaps alongside private lenders.
- Resiliency
- The Resiliency Fund provides flexible capital to new and existing regional businesses.
- Buydown
- The Business Accelerator Fund supplies local participation in Bank of North Dakota PACE/FlexPACE interest reduction with a private lender.
Provider sources: Business financing · Souris Basin
