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Gap Financing Funds Available

The Great Falls Development Authority through High Plains Financial has USDA IRP funds that we must loan to a business outside of the Great Falls city limits by mid-October. If we do not lend this money, we will lose our opportunity with the USDA IRP loan program. Because of the immediate need to move these funds, we are willing to help with all types of business including service and retail.
 
Parameters include:
 
  • Loan must fill a funding gap between what a bank can lend and what’s needed for a business start-up, expansion or purchase.
  • Loan carries a fixed interest rate of 5.25%.
  • Business must be located outside the Great Falls city limits (a requirement of the USDA program) and within Cascade, Glacier, Pondera, Teton or Toole counties.
Loan proceeds can be used for real estate purchase and improvements, equipment, inventory and working capital.
 
If you know of a business that fits these qualifications and is looking for financing, please contact our Business Development Officer Jeremiah Johnson at 771- 9029 jjohnson@gfdevelopment.org or our Loan Officer Tamariel Christopher at 771-9026 tchristopher@gfdevelopment.org for further information.
 
We look forward to hearing from you.

 

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Fax 406-454-2995
Physical Address
300 Central Ave. Suite 406
Great Falls, MT 59401
Mailing Address
PO Box 949
Great Falls, MT 59403
TAOTI WEB DESIGNING AND MARKETING