MATCH Program (North Dakota)
Last modified on February 12, 2015.
|Place|| North Dakota
|Applies to States or Provinces||North Dakota|
|Name||MATCH 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|
|Implementing Sector|| State/Province
|Program Administrator||Bank of North Dakota|
|Primary Website|| http://banknd.nd.gov/lending_services/business_financing_programs/business_incentive_programs.html
|Last Review|| 2014-09-15
The MATCH Program supports the funding needs of a borrower whose financial capacity is very strong. The borrower must have a long-term credit rating of BBB or better as determined by a national rating agency. The Bank of North Dakota offers an interest rate .25% to .50% over an equivalent U.S. Treasury Note. The rate can be fixed for as long as five years.