Financing

Our community has several financial institutions and other resources that are able to help you finance your business or real estate investment. In addition, the VHEDC Revolving Loan Program helps businesses with small, low interest loans. Please see the information below for your financing needs:

Member Banks

VHEDC Loan Information

SBA Loan Information

VHEDC LOAN INFORMATION

Loan Program:
The VHEDC may provide a loan up to $10,000 to small businesses for development costs or the purchase of equipment. Loan requests will be reviewed by the VHEDC Finance Committee. The current rate is half of the Wall Street Journal Prime Rate. For example, if the Wall Street Journal Prime Rate is 9.00%, your loan rate would be 4.50%

Contact Information
Tom Thibedeau
Premier Bank
2866 White Bear Avenue
Maplewood, MN 55109
651-777-7700

VHEDC Loan Application

SBA LOAN INFORMATION

Twin Cities Metro Certified Development Company – www.504lending.com

SBA Loans – www.sba.gov/financing