Loans and Grants

Business Loans are not always 100% financed.

Finding the additional capital needed to fund your start-up, retention, or expansion project can be difficult.

SCCD has the capital available the support your business through our Revolving Loan Fund.

The purpose of the SCCD Loan Fund is to have capital available that may be used in the creation, retention and expansion of jobs in Sanders County.

SCCD is NOT is primary lender. Our loan fund is a source for short term capital funding meant to bridge the gap between what your needs are and what the bank will finance. The intent to make your loan bankable and, ultimately, your business a viable, stable bank client.

Applicants must be able to demonstrate that they have spoken with a bank, Tribal credit source or other similar institution regarding their loan proposal prior to approaching SCCD.

Eligible businesses must be located in Sanders County, including the Flathead Indian Reservation. All loan requests must be able to demonstrate the potential for job creation, retention, or expansion of job opportunities for area residents.

Gap Financing
Start-Up Capital
Inventory Capital
Equipment Purchase
Expansion Projects

Are you needing capital to fund your business startup or expansion project?

We can help find the funding your need through:

Developing bank relationships
Gap Financing to make your project bankable
Short and Long Term Funding for expansion projects
Grant Funding for high paying job creation projects

Have questions?

Request Info

Types of Loans

Micro-Loan – Rehabilitation or Revitalization

Business revitalization loans, typically in amounts up to $10,000 are intended to assist in the revitalization or rehabilitation of existing businesses to stimulate consumer attention, increase sales, retain existing employment and potentially develop new employment opportunities. Applicant eligibility will be assessed based on the following criteria:

Must own business, building, or are housing businesses located within Sanders County
Demonstrate that you are clearly entitled to make such improvements as owner or leaseholder
Demonstrate an ability to repay the loan.
Assure funds will be used only for the improvements as approved by the loan review committee.
Demonstrate commitment to overall business area revitalization efforts and conformance with established community plans.
Demonstrate willingness to acquiring building and signage design assistance if required.
Demonstrate requested capital is sufficient to complete the project upon approval.
Provide other information as deemed applicable by the RLF Committee at their sole discretion.

Potential uses of Micro-loans include: The development of new marketing material, purchase of equipment, training for business staff, launch activity required to break into a new market, signage, updated façade/store-front, landscaping and contracted services, labor, installation and design services.

Standard – Business Start Up, Retention and Expansion

Standard loans are designed to assist businesses create or retain jobs and provide additional long-term employment opportunities for area residents. Loans may be used for:

Acquiring, constructing, rehabilitating, or installing commercial facilities
Expansion or modernization through the purchase of equipment
Purchasing Inventory necessary to sustain or expand a business
Employee training when such training will result in increased production and provide opportunities for low/moderate income persons to advance themselve

Loans and Grants

Business Loans are not always 100% financed.

Gap Financing

Start-Up Capital

Inventory Capital

Equipment Purchase

Expansion Projects

Are you needing capital to fund your business startup or expansion project?

We can help find the funding your need through:

Have questions?

Types of Loans