Our business lending fills a need when traditional sources of financing are insufficient or not available. Often, MWED partners with a business and a lender, by providing the gap equity needed to get the deal done. By doing this our goal is to help create jobs and successful businesses in Northwest Montana.
Start with a phone call or an email to our Loan Officer, Stephen Walter, who will guide you through the process.
MWED connects entrepreneurs with local mentors to provide assistance with overall business planning, including the development of financial projections and financial planning, sales strategies, investor relations, marketing, pricing strategies, and many other components towards launching or expanding a business. Connect with Stephen at: 406.257.7711 ext. 1, or to discuss your lending needs.
About Our Loans:
MWED Direct Loans
For projects that are challenged to find bank participation, MWED will consider funding the project from MWED capital pools. Startups, expansions, we want to help get the deal done.
Bank Partner Loans
MWED will co-lend – We understand that banks and credit unions may not be able to fund all the projects they believe in, so MWED lending exists to help empower those projects by co-lending with a financial institution.
For projects that are challenged to find bank participation, MWED will consider funding the project from only MWED fund sources. Startups, expansions, we want to help get the deal done.
Flexible Loan Structure
MWED works closely with borrowers, providing terms that support the finance needs for the project and the borrowers. We help create business success stories.
Standard Application Process
We will ask you to submit a loan application and the supporting documentation. The supporting documentation includes cash flow projections, historical tax returns, and a business plan.
Montana West Economic Development is a Certified MicroBusiness Development Corporation through the Montana Department of Commerce.