Carroll County, IA, Financial Resources
Revolving Loan Funds
Local revolving loan funds are available to businesses making investment in the region through application at Region XII Council of Governments. The loans range from $5,000 to $300,000 and serve as gap financing for a project following commercial loans being sought. Applicants must contribute a minimum of 10% of the total project cost. There is a 1.5% application fee for this fund. Further program detail, application documents, and contact information can be found at the Region XII Development Corporation website.
Small Business Development Center
SBDCs help those who wish to start a business with a plan that will allow them to access capital investment and financing. Whether it is individual counseling or classes such as the popular Fast Trac Entrepreneurial Training, North Central Iowa Business Center in Fort Dodge can answer many questions of the prospective business owner. Learn more on the SBDC website.
Local Lender
There are many local lenders available to help loan businesses access capital for growth. These lenders include: Availa Bank, Commercial Savings Bank, Iowa Savings Bank, BMO Bank, United Bank of Iowa, Templeton Savings Bank, First National Bank of Manning, and Westside State Bank.