Loans for Your Startup or Growing Business
Monday, September 04, 2017
Do you have a business idea that will create jobs in South Dakota? Businesses need capital to grow so if that is your obstacle, consider applying for a REDI loan. This loan is available for startups and existing companies looking to purchase new equipment, land, make site improvements, construct or renovate a facility, etc.
The interest rate on REDI loans is incredibly low at only 2 percent and can be amortized out for twenty years to give you a low monthly payment. This is one more way that South Dakota is making it easier for businesses who are looking to grow. Learn more here.