Custom Loan Packaging

Introduction | Direct Loans | Linked Deposits | Custom Loan Packaging | Loan Application

Great River Energy business development staff will assist businesses in preparing other state, federal or local development financing program applications as needed. For example, the Rural Economic Development Loan and Grant Program finances rural economic development and rural job creation projects that are based on sound economic and financial analyses.

Loans and grants are made to Rural Utilities Service (RUS) electric and telephone borrowers who use the funds to provide financing for business and community development projects. Loans are provided to finance a broad array of projects, including for-profit businesses.

Grants are targeted to certain purposes such as community development assistance, education and training for economic development, medical care, telecommunications for education, job training or medical services, business incubators, and technical assistance. RUS borrowers may receive financing for grant purposes through either a loan or grant, or a combination loan and grant to establish a revolving loan fund.