Minnesota Chippewa Tribe Business Loans
Business Development Center

All business loans require a 10% down payment of the total amount requested.  Collateral and personal guarantees from borrower and/or third party co-signers, is also required.  The down payment can be an equity contribution of assets that are utilized within the business operations, cash contributed towards start-up costs, or a combination of both. Borrowers are required to have a reasonable credit history, a written plan for repayment, and a comprehensive business plan. (Technical assistance is available through the MCT Business Development Center)

Minnesota Chippewa Tribe Business Loan Program

The Minnesota Chippewa Tribe Business Loan Program provides financing to enrolled members for businesses located within the state of Minnesota.

Three types of loans are available: Business Loans, Micro Loans, and Commercial Real Estate Loans. Underwriting requirements and application processing fees apply to all loan types.

Click Here for Products & Services Matrix

Business Loans: $5,000 - $150,000, 4%-7% interest rates.  Loan uses include starting a new business, purchase/expansion of an existing business, equipment or inventory purchase, and/or refinancing of existing business debt.  $100 processing fee applies.

Micro Loans: $500 - $5,000, 7% interest rate.  Loan uses include starting a new business, and equipment or inventory purchase.  $25 processing fee applies. 

Commercial Real Estate Loans: $5,000 - $150,000, 4%-7% interest rates.  Loan uses include purchase or improvements of real estate for business use, and/or refinancing of existing business debt.  $100 processing fee applies.

Click Here for Business Loan Application
Click Here for Business Loan Application Instructions

Business Development Technical Assistance

Technical Assistance is also available to MCT enrolled members in the following areas:

• Business Plan Development

• General Business Counseling

• Business Loan Packaging

• Minority Certification Assistance (state, federal)

Click Here for Request For Management and Technical Assistance Form

To begin the loan process, and/or to request technical assistance, complete the online forms, and submit via regular mail, e-mail, or fax to (218)335-6925, ATTN: MCT Business Development Center. Please contact the center should you have any questions.


MCT Business Development Center staff:

Jeff Brunelle - Economic Development Director
Phone: 218-335-8582, Extension 116
jbrunelle@mnchippewatribe.org

Judi Helmin - Business Development Specialist
Phone: 218-335-8582, Extension 118
jhelmin@mnchippewatribe.org


P.O. Box 217 • Cass Lake, MN 56633 • Phone: 218-335-8582 • Fax: 218-335-6925

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