Dakota CDC Intermediary Relending Program (North Dakota)
Last modified on February 12, 2015.
|Applies to States or Provinces||North Dakota|
|Name||Dakota CDC Intermediary Relending Program (North Dakota)|
|Policy Category||Financial Incentive|
|Policy Type||Loan Program|
|Affected Technologies||Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Wind energy|
|Program Administrator||Dakota Certified Development Corporation|
The Dakota CDC Intermediary Relending Program makes IRP loans up to $250,000 available to qualified applicants for a variety of business purposes, including financing a new or existing business, purchasing or leasing equipment, or providing working capital. Repayment terms are based on the use of the loan proceeds or the life of the assets being finances. The average term is seven years or less.
|Department||Dakota Certified Development Corp.|
|Address||4501 Coleman St. N. Suite 105|
|Place||Bismarck, North Dakota|