Business Financing Programs through Lake Country Power and Great River Energy’s member cooperatives

USDA loans — Revolving Loan Fund:

• 0% interest rates

• 10 year loan period

• Business Loan Program: Up to $1 million in a direct loan at 0% interest to qualifying businesses

• Grant Program: Up to $300,000 in a direct loan for public and nonprofit entities – (Grant to LCP to fund revolving loan)

Direct Loans:

• Up to 10 year payment

• Maximum of 80% of project for non profits - 30% for profit entities

• Minimum Equity of 10%

• Maximum of $300,000 total: up to $100,000 from LCP’s revolving loan fund and Interest = 2% below prime but not less than 3%

• Up to $200,000 from GRE’s loan fund: interest rate = Minimum is prime rate

Minnesota Community Capital Fund:

We facilitate MCCF loans through Great River Energy

Energy grants:
Conservation Improvement Programs, Energy Efficiency programs, incentives and rebates call 800-421-9959 for more information.

For more information send us an email.