New commercial and industrial projects can cover early acquisitions with the Business Expansion Loan Program
12 Aug 2024
New commercial and industrial projects in need of additional funds should consider Great River Energy’s Business Expansion Loan Program. This program helps potential commercial or industrial businesses acquire startup funds for land, construction, and equipment purchases.
Business Expansion Loan Program provides generous terms to new commercial and industrial projects
Funds must be used for new commercial and industrial projects or to expand existing businesses and cannot be used to refinance existing debt. The loan allows new commercial and industrial projects to absorb risk as they grow, with loan terms of up to 10 years and interest rates as low as 0.0%. Projects must generate electrical demand of not less than 500 kilowatts when completed.
Click here for a guide to the business expansion loan program provided by Great River Energy.