In-State Loan Program
The objective of the Board’s In-state Loan Program is to diversify, strengthen, and stabilize the Montana economy. Specifically, Montana law 17-6-305, MCA states that "the Board shall endeavor to invest 25 percent of the state’s Coal Tax Trust Fund in the Montana economy, with special emphasis on investments in new or expanding locally owned enterprises." To achieve this objective, the Board has designed a series of loan programs that can be tailored to meet the individual needs of borrowers. Although the Board is prohibited by law from making direct loans to businesses or individuals and requires participation of an approved commercial financial institution, Board staff is very interested and willing to work with businesses to assist in developing a loan package to best meet their business needs.
Please see our Programs and Applications page for a detailed listing of the Loan Programs we offer.
Click here for information on the Montana State Small Business Credit Initiative (MT SSBCI) Program.