Category: Business Incentives, Business Programs
Available on a first-come, first-served basis to for-profit start-up or expanding businesses, these loans are for commercial, industrial or service businesses located in or moving to Ramsey County.
Ramsey County receives funding from federal sources and repayments of current loans to capitalize its loan pool. Business loan staff provide technical assistance in meeting program requirements and will work with applicants to determine the most appropriate source of financing. Accepted loan application packages are reviewed by an independent committee. Loan terms and conditions are negotiated by Ramsey County, and repayment is made to the county.