Flex PACE

Provides financing with interest buydown through a participation loan between a lead bank, Bank of ND, and a community fund. The community in which the business is located will determine if the objectives of the business meet the needs of the community and to what extent they will provide the required matching portion of the buydown funds.

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Amount

Maximum: $300,000

Resource Provider
A state-owned, state-run financial institution based in Bismarck, North Dakota.
Resource Type
Grant
Location
All
Purpose
Equipment, Real Estate, Working Capital
Industry
Agriculture, Childcare, Communications, Communities, Construction, Energy, Ethanol, Exporting, Finance, Food Service, Healthcare, High Growth, Hospitality, Information Technology, Manufacturing, Other, Primary Sector, Professional Services, Real Estate, Retail, Tourism, Transportation, Utilities, Value-Added
Business Stage
Existing Business, New Business
Deadline
Contact
Craig Hanson
(701) 328-5795

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