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"BLAEDC and the city of the Brainerd did more than we could have hoped for in terms of steering us toward sources of support and finding affordable financing options."

— Gary Otterstad, Co-owner,
Construction Analysis and Management
  FINANCING  
         
 

Many financing options exist - call BLAEDC today

There is no shortage of private lenders, organizations, and programs offering financial support for companies locating or expanding in the Brainerd Lakes Area.

The Brainerd Lakes Area Economic Development Corporation is the best place to start when considering your options and identifying financing, building sites, etc. BLAEDC staff will help you select the most appropriate funding source for your project. Call (218) 828-0096 or (888) 332-5232, or email john@growbrainerdlakes.org.

 

Economic Development

Local

JOBZ
Tax Increment Financing
Tax Abatement
Revolving Loans
 

Regional

Initiative Foundation
Region 5/North Central Economic Development Association
Minnesota Power
Crow Wing Power


State
JOBZ
Minnesota Investment Fund/Small Cities Economic Development Grant
Minnesota Business Finance Corporation
Central Minnesota Development Corporation

Federal
US SBA
USDA Rural Development

      - USDA Rural Development programs (PDF)

 

Community Development/Infrastructure

USEDA
Housing Finance Programs (PDF)


Equity

Rain Source Capital

Granite Equity Partners

 

Energy

Loan and Grant Programs

 

  
 

Click on the TV to watch a video.

Local Private Lenders

  
 


 

American National Bank                      

Brainerd Savings & Loan Association
Bremer Bank                                      

            

Deerwood Bank         

Lakes State Bank         

Lakewood Bank

Mid Minnesota Federal Credit Union 

People's National Bank of Mora
Riverwood Bank 
Unity Bank                

US Bank

Wells Fargo Bank Minnesota