Rural Development Initiative Fund

Providing loans for working capital, equipment, construction or other commercial purposes to businesses located in a community with a population of 5,000 or less that will create or retain jobs in the community.  Loan amounts to $150,000 to one person businesses or up to $300,000 for two or more person businesses.  Maximum term is 25 years.

Contact Information

Division of Economic Development
Department of Commerce, Community and Economic Development
P.O. Box 34159
Juneau, AK 99803-4159
Phone: (907) 465-2510 or (800) 478-LOAN
Fax: (907) 465-2103
Web site: http://www.commerce.state.ak.us/investments

Loan Source:
State of Alaska Division of Economic Development
Loan Category:
State of Alaska Business Loan Programs
Tags:
Business Start-up
Business Acquisition
Inventory/Seasonal Working Capital
Land/Building/Construction
Equipment or Vehicle
Other Long Term Financing
Farming or Aquaculture Operation
Energy Efficiency Improvements