Roosevelt Fund

Loan AMOUNT (UP TO):

$400,000

DETAILS:

Your Southwest North Dakota resource to support business, build resilient communities, increase economic diversity, and create and retain jobs.

Use of Funds

  • Business start-ups, expansions, acquisitions, construction, and refinancing

  • Purchase of real estate

  • Equipment

  • Working capital

ELIGIBILITY:

Standard Terms:

  • $400,000 Loan Maximum

  • 10% Equity Requirement

  • Per Loan Interest Rates Determined

  • Personal Guarantee Required

  • 5-25 Year Maximum Terms

DEADLINE:

  • Ongoing

General, Community SpecificKelsey Curfman