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Montana programs providing financial assistance for entrepreneurs

Montana operates one small business financing program: one loan participation program. The Montana Department of Commerce is the implementing entity for the state with Business MT acting as program administrator for the program.

Featured state lenders

Reach out to a participating lender to learn more about eligibility and to apply for a loan.

Community Impact Loan program

Dakota Business Lending’s Community Impact Loan program offers flexible financing from $1,000 to $250,000 for businesses at any stage. Designed to fill gaps where traditional financing falls short, the program helps entrepreneurs become bankable and succeed long term.

MoFi Business Loans

MoFi Business Loans provide accessible financing for business owners and entrepreneurs who may not qualify through traditional lenders. Loans start at $1,000 with terms tailored to each borrower. There are no hidden fees or surprises and free business consulting is available to all loan clients.

MBAC Revolving Loan Program


Montana Business Assistance Connection, Inc. operates a revolving loan program to support business growth and community development in Broadwater, Lewis and Clark and Meagher Counties. Loans can be used for real estate, equipment, working capital or debt restructuring. Targeted industries include health care, light manufacturing, tourism, retail and more. 

SBA 504 Loan program

Big Sky Finance is a statewide certified development company licensed by the SBA to administer the SBA 504 Loan program in Montana. The SBA 504 Loan program is designed to provide long-term, below-market, fixed asset financing to small, for-profit businesses.

 

Big Sky EDC Revolving Loan Fund

This gap financing program supports small businesses in Yellowstone County with a focus on job creation and capital investment. Loans up to $100,000 are available to businesses with at least 24 months of operating history. Funding often complements bank financing and may be used for working capital, equipment or real estate.

MT SSBCI program details at a glance

State Small Business Credit Initiative (SSBCI) program administrator(s):  Montana Department of Commerce along with Business MT
Total SSBCI allocation to state:

$61.30M