MMCDC aims to create greater financial opportunities for low-income people, and communities that lack access to affordable financial products. Our loans support successful operation of businesses in rural and urban areas of Minnesota and the Upper Midwest.
We serve both for-profit and nonprofit enterprises. Whether you’re a veteran business owner or just starting your business, when you work with MMCDC, it’s easy to see why you can achieve success: We can offer fixed interest rates and flexible terms based on your individual situation, and we also put together personal business lending packages based on your needs and qualifications.
Eligible business owners are granted access to a number of loan programs that traditional lenders can’t always offer. One of our programs, our small loan fund, provides loans of $250,000 or less for equipment, inventory, working capital and real estate.
Click the links below to learn more about our other product offerings:
Minnesota Emerging Entrepreneur Loan Program (ELP)
Check out more helpful resources.
New Markets Tax Credit
Our New Markets Tax Credit (NMTC) Financing is just one of the programs available to our customers. Learn more about New Markets Tax Credit Financing.
This institution is an equal opportunity provider and employer.
If you wish to file a Civil Rights program complaint of discrimination, complete the USDA Program Discrimination Complaint Form, found online at http://www.ascr.usda.gov/complaint_filing_cust.html , or at any USDA office, or call (866) 632-9992 to request the form. You may also write a letter containing all of the information requested in the form. Send your completed complaint form or letter to us by mail at US Department of Agriculture, Director, Office of Adjudication, 1400 Independent Avenue, S.W., Washington, D.C. 20250-9410, by fax (202) 690-7442 or email at program.intake@usda.gov.
