Small Communities Loan Program

Southwest Initiative Foundation provided loan funding to Prairie Market in Lester Prairie, Minn.

Offers loans in communities with populations of less than 1,500 for projects that support and enhance the vitality of the community.

Loans may be used to fund small municipal projects, provide
support for local nonprofit organizations and/or benefit the local school district or for-profit businesses.

The loan must not exceed $50,000. Applicants must have
adequate cash flow to service the debt.

The loan maturity will generally be five years but may have
extended amortizations if warranted by the financed assets.

Applicants should contact SWIF at 800-594-9480, 320-587-4848 or loans@swifoundation.org early in the project development stage.

Applicants should complete a loan application.

Adobe Acrobat Reader is needed to open pdf documents. If you don't have Adobe Reader you can click here to download Acrobat Reader free.

For More Information:				Additional Resources:
	Contact: Amy Woitalewicz Business Finance Officer (800) 594-9480 loans@swifoundation.org Download: Small Communities Loan Program Fact Sheet (PDF) Loan Marketing Brochure (PDF) 1MB Southwest Initiative Foundation Loan Programs Application (PDF) Southwest Initiative Foundation Government Units Loan Application (PDF)				No additional resources at this time.             View Additional Resources