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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…