Business Financing & Loan Programs

NRMEDD helps businesses and organizations in Gallatin and Park Counties access flexible financing and grant opportunities designed to support growth, innovation, and job creation.

Gallatin and Park County Businesses

Get started today!

For more information, contact (406) 518-1599 or sarah@nrmedd.org, and please copy loans@nrmedd.org.

NRMEDD Loan Fund

For Gallatin and Park County agencies, startups, business, and of course for you.

LOANS UP TO

$350,000

Loan money seeks to capitalize on regional assets, support or advance innovation, benefit emerging industry clusters, maximize private investment, and create or retain higher-skill and higher wage-paying jobs.

Eligible Uses

Includes start-up funding, building
expansion, purchase of machinery, public
facilities, working capital, and more.

Market-competitive Rates

Payments are made monthly, but we
are open to discussing alternatives
No prepayment penalties.

Project Specific Terms

3-5 years for working capital loans
5-7 years for fixed asset loans
15-20 years for real property loans

Opportunities in Rural Economies (ORE) Program

The ORE Program Loan Participation Program helps accelerate business growth, support high-paying job creation, and strengthen Montana’s rural economy.

Funding is available through:

  • Low-interest loan participation with a participating lender

  • Forgivable loans, when eligible

How We Help

NRMEDD is an enrolled Economic Development Organization (EDO) and participating lender in the ORE Program. This allows us to work directly with businesses and organizations to identify eligibility, structure funding, and navigate the application process.

ORE Grant Program Option

The ORE Grant Program offers funding that does not need to be repaid. NRMEDD provides grant writing support and has successfully secured funding through this program in previous cycles.

Because ORE funding cycles vary and are time-limited, early coordination is strongly encouraged.

Other Loan Opportunities

 

The Prospera Loan Program offers flexible financing to help local businesses and community projects launch, grow, or expand. Loan funds may be used for working capital, equipment, real estate, build-outs or renovations, and the acquisition of existing businesses.

Livingston–Park County Revolving Loan Fund provides gap financing to support business growth when conventional financing is limited. Funds may be used for land purchase, construction or expansion, equipment, working capital, and employee training.