Proven businesses can accelerate growth with the Business Expansion Loan Program
24 Jul 2024
Great River Energy’s Business Expansion Loan Program encourages new energy sales through business expansion and development. The program favors commercial and industrial investment that brings new business into rural Minnesota.
Stimulating industry development with the Business Expansion Loan Program
Recipients must disburse funds to startups and expanding businesses, emphasizing land acquisition and predevelopment, construction and inventory. The low interest rates and long loan terms provided by the Business Expansion Loan Program allow businesses to repay their loans once financially stable. Borrowers can repay the generous loan conditions by generating at least 500 kilowatts of new electrical demand.
Read about the Business Expansion Loan Program’s requirements before beginning an application.
More Topics
Rox Speed FX, Inc is a company in the backyard of the Grand Rapids area that has been serving the power sports industry since 1999. This local business, referred to the paper by a family friend, has been an innovative company specializing in customizations and helping others since its inception.Rocky...
Mitigating Site Risks for Industrial Projects
Jul 22 2024With the many decisions that confront site selection teams, worries about hidden or subsurface threats can be easy to ignore. But teams that fail to include comprehensive site testing can end up with millions of dollars in expenses to mitigate unforeseen conditions. In worst-case situations, projects may be deemed unviable...
General aviation airports contribute significantly to the economy. Airports don’t need to be large or serve major airlines to make an impact. In a report titled “Nebraska Aviation Counts!” there is a breakdown of the impact rural airports make. In South Sioux City, Martin Field, for example, has a $1.9...
Tom Lambrecht