MicroBusiness Finance Program Banner

The MicroBusiness Finance Program (MBFP) administers funding for the MicroBusiness Development Corporations (MBDCs) located across Montana. MBDCs work with Montana-based businesses with fewer than 10 full-time equivalent employees and gross annual revenues of less than $1,000,000. 

Certified MBDCs:

  • Provide loans up to $100,000 to qualified microbusinesses;
  • Provide training and technical assistance to qualified microbusinesses; and
  • Underwrite and service their microloan portfolios.

 

 

Montana-based businesses with fewer than ten full-time equivalent employees and gross annual revenues of less than $1,000,000 can apply for a microbusiness loan up to $100,000 by contacting a MicroBusiness Development Corporation (MBDC). MBDCs provide capital to start or expand a business, training and technical assistance, and pre- and post-loan training valuable for the success of a small business.

About the MicroBusiness Finance Program (MBFP)

MBFP operates under the policy guidance of the Governor's appointed Economic Development Advisory Council.

Since the inception of the MBFP in 1991, over 1,100 loans have been made across the state, totaling over $23.6 million and creating and/or retaining approximately 2,520 jobs.

A non-profit corporation interested in becoming a certified MicroBusiness Development Corporation (MBDC) should contact program staff for further details. To find out more about the Legislative intent of the Program click on MCA 17-6-401 thru 17-6-411 for the MicroBusiness Development Act. To learn more about the requirements to become an MBDC click on ARM 8.99.401 thru 8.99.405 and 8.99.501 thru 8.99.511 to review the current Administrative Rules for the MBFP.

Click on a link below to find out more about how to apply for a business loan from an MBDC near you:

 

Bear Paw Service Region

 

Bear Paw Development Corporation
48 Second Avenue, Suite 202
P.O. Box 170
Havre, MT 59501
406-265-9226
http://www.bearpaw.org

 

Bear Paw Development Corporation

 

Great Falls Development Authority Service Area

 

Great Falls Development Authority

 

Great Northern Development Corporation Service Area

 

Great Northern Development Corporation
233 Cascade Street
Wolf Point, MT 59201
406-653-2590
http://www.gndc.org

 

Great Northern Development Corporation

 

Headwaters Service Area

 

Headwaters RC&D Area

 

Montana Business Assistance Connection Service Area

 

Montana Business Assistance Connection, Inc.
225 Cruse Avenue
Helena, MT  59601
406-447-1510
http://www.mbac.biz/

 

Montana Business Assistance Connection

 

Montana Community Development Corporation Service Area

 

Montana Community Development Corporation
229 E Main Street
Missoula, MT  59802
406-728-9234
http://www.mtcdc.org

 

Montana Community Development Corporation

 

Montana West Economic Development Service Area

 

Montana West Economic Development

 

Native American Development Corporation Service Region

 

Native American Development Corporation

 


MONTANA OFFICE OF TOURISM AND BUSINESS DEVELOPMENT | MONTANA DEPARTMENT OF COMMERCE
301 S. PARK AVE. | P.O. BOX 200533 | HELENA, MT 59620-0533 |  T: 406.841.2870 |  F: 406.841.2871 | TDD: 406.841.2702