Montana State Small Business Credit Initiative (SSBCI)
Fund Overview
The Montana State Small Business Credit Initiative (SSBCI) is a state-administered participation lending program that works alongside your primary bank lender to fill the financing gap. The state provides up to 50% of the total loan amount at a below-market fixed rate, making deals possible that a bank alone cannot fully finance.
Unlike most loan programs, SSBCI is not limited to businesses that have been turned down by banks. It is designed as a true participation tool, working in partnership with your lender from the start. All Montana businesses, existing and new, are eligible across all industries.
Eligibility & Use of Funds
Who Qualifies
- Existing or new Montana businesses in any industry
- Participation model, requires a primary bank lender
- No business size restrictions
- Both startups and established businesses qualify
Use of Funds
- Commercial real estate purchase and improvement
- Equipment and machinery
- Working capital
- Non-speculative new business starts
Interested in This Fund?
Send our loan team a few details and we will follow up within one business day to talk through whether this fund fits your project. No formal application required to start.
Not sure this is the right fit? Tell us about your project →