Funding for Your Business
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What lenders look for in start-ups (PDF) – overview from a lenders point of view.
Loan Checklist (PDF) – every lender has different requirements, be sure and contact your lender prior to the meeting and obtain an outline of required documentation.
Securing funds for your start-up business (PDF) – overview of equity building strategies and debt financing alternatives.
Glossary of Loan Terms (PDF) – overview of loan types.
Annual Credit Report – offers a free credit file disclosure, commonly called a credit report, once every 12 months from each of the nationwide consumer credit reporting companies: Equifax, Experian and TransUnion.
Consumer Credit Counseling – LSS Financial Counseling services include; budget counseling, debt and credit help, housing counseling, financial education and bankruptcy services.
Funding Sources for Your Business
Headwaters Regional Finance Corporation – gap financing to new and expanding businesses.
Initiative Foundation– provides business, technology, green business, small business and seed investment loans.
Milestone Growth Fund – venture capital for minority owned businesses.
NE Entrepreneur Fund – start-up and existing business loans.
Northland Foundation – business loans, royalty investments and loan guarantees.
Northwest Minnesota Foundation –business, equity and entrepreneur development loan funds.
Northwest Regional Development Commission - low interest financing to create, expand and retain businesses in the area.
Region Five North Central Economic Development Association, Inc. – Revolving loan fund
Southern Minnesota Initiative Foundation – small enterprise and revolving loan fund.
Southwest Initiative Foundation – provides microenterprise and revolving loans.
West Central Initiative – small enterprise, business and industry, childcare and component fund loans.