SBA 504
PurposeThe SBA 504 loan program offers subordinated, fixed rate financing to healthy and expanding small businesses. Long-tem, fixed rate financing…
REDI Fund Loans
PurposeWe give new meaning to the phrase “ready, willing and able.” Our REDI (Revolving Economic Development and Initiative) Fund is…
Future Fund
Following the recession of the early 1980s, the Future Fund was developed in 1987 with $1.8 million to invest in…
Ethanol Infrastructure Incentive Program
Purpose The Ethanol Infrastructure Incentive Program was designed to alleviate retailers across the state from costs associated with the installation…
EDFA Pooled Bond
PurposeAnother financing option is the pooled loan program through South Dakota’s Economic Development Finance Authority. This loan program, designed for…
Community Development Block Grants
Growing Small Communities in South DakotaThe state’s CDBG program is funded through an annual formula allocation from the US Department…
Rural Electric Economic Development (REED) Fund
The REED Fund provides financing and helps leverage investment in small communities and rural areas, targeting projects that will promote…
GROW South Dakota Revolving Loan Fund
GROW South Dakota Can Partial guarantee or participate on bank loans to businesses Provide counsel, referrals, and mediation to businesses in…
Revolving Loan Fund
A key program to help our business community is the OHDC revolving loan fund (RLF). This resource can provide financing,…
MicroLoan Express
The MicroLOAN South Dakota Loan Program is a partnership with the South Dakota Development Corporation, and Governor’s Office of Economic…
Value-Added Ag Subfund
PurposeIn 1999, a $3 million fund was created specifically to assist in funding feasibility and marketing studies for prospective value-added…
South Dakota WORKS
Program Overview Business/commercial loans for businesses needing working capital Term of 1 to 3 years Loan amount up to $1…
APEX Fund
PurposeThe APEX (Agricultural Processing and Export) Loan Program is designed to assist companies in communities with a population of 25,000…
SBA 504
PurposeThe SBA 504 loan program offers subordinated, fixed rate financing to healthy and expanding small businesses. Long-tem, fixed rate financing…
REDI Fund Loans
PurposeWe give new meaning to the phrase “ready, willing and able.” Our REDI (Revolving Economic Development and Initiative) Fund is…
Future Fund
Following the recession of the early 1980s, the Future Fund was developed in 1987 with $1.8 million to invest in…
Ethanol Infrastructure Incentive Program
Purpose The Ethanol Infrastructure Incentive Program was designed to alleviate retailers across the state from costs associated with the installation…
EDFA Pooled Bond
PurposeAnother financing option is the pooled loan program through South Dakota’s Economic Development Finance Authority. This loan program, designed for…
Community Development Block Grants
Growing Small Communities in South DakotaThe state’s CDBG program is funded through an annual formula allocation from the US Department…