Business Loans

Minnesota Chippewa Tribe Business Loan Fund

The Minnesota Chippewa Tribe Business Loan Fund provides financing to members of the Minnesota Chippewa Tribe for Businesses within the Investment Area (state of Minnesota).
Three types of loans are available: Business Loans, Micro Loans, and Commercial Real Estate Loans.

Click Here for Products & Services Matrix

Business Loans: $5,000 - $150,000, 4%-7% interest depending on the needs of the borrower and loan analysis, used for purchasing a business, equipment or maintenance and/or refinancing.

Micro Loans: $500 - $5,000, 7% interest, used for purchasing business, equipment or maintenance.

Commercial Real Estate Loans: $5,000 - $150,000, 4%-7% interest depending on the needs of the borrower and transaction time, used for the purchase or improvements of real estate for business and/or refinancing.

All applicants with any type of loan must have a business plan detailing how the business will operate and perform. (Technical Assistance is available)

Click Here for Application

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Business Development Technical Assistance

Technical Assistance is available at the MCT Business Development Center for MCT enrolled members and Red Lake Nation members.

• Business Plan Development

• General Business Counseling

• Financial Management Counseling

• Business Loan Packaging

• Minority Certification Assistance (state, federal)

For Technical Assistance, please call 218-335-8582

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