Financial Assistance for Local Businesses

Always start with your local banker!

Click here to see a list of our friendly local lenders below


GO! Business Programs


Digital Marketing Support Program

Program

Business & Franchise Development Program

Program
  • Up to $10,000 for facility build-out, remodeling, or initial rent
  • Up to $1,000 for construction, landfill and/or other agencies
  • Up to $1,000 for initial inventory
  • Up to $1,000 per year for employee recruitment, training, workshops or seminars for three years
  • Research and site selection services in conjunction with the franchisor at no cost
  • Low-interest gap financing not to exceed 50% of the total amount borrowed
  • Other financial assistance as may be determined appropriate
  • Click here for Guidelines & Application

Steps to Start Up Program

Program
Low interest loans are available for clients who complete the Steps to Start Up Program through PCDC.

Building Exterior Impact Grant

Program
  • Up to $1,000 matching grant to improve building exteriors.
  • Limited funds are available and may be applied to projects that are impactful at any location within corporate boundaries of any Phelps County municipality.
  • Grants are for materials only, not labor.
  • Click here for Guidelines & Application

Next Steps Loan Program

Program
  • Zero to 2% short-term loans (1 – 3 years) to help existing businesses expand their customer base, inventory or to improve operations.
  • Staff will work with projects to identify needs and measurement criteria.
  • Contact PCDC for more information

Legacy Loan Program

Program
  • Long-term gap financing loans to facilitate ownership transition of existing businesses. (loan percentage is subject to adjustment based on market conditions.)
  • Funds may be used for equipment, improvements, or purchase of a business.
  • PCDC funds will not exceed 50% of the total capital costs.
  • Funds may not be used for working capital.

Gap Financing Loans

Program

PCDC can sometimes take the risk that a bank cannot to supplement the financing needed for a business to expand, start up or, or transition. Gap Financing is defined as the difference between the cost of a project and the combination of money available from the owner and the bank. 

Project cost - Owner’s Equity - Bank Financing = Gap

To apply for a PCDC loan, click here to download an Application.

Rural Entrepeurs Assistance Project - REAP Loans

Program
Loans for small businesses are available through the Center for Rural Affairs.

Contact Howard White, Loan Specialist
Ph: (308) 534-3508
Email: howardw@cfra.org

 

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Search Results (6)

Bruning Bank

1215 Burlington Street
PO Box 315
Holdrege, NE 68949
United States
(P) 68949

Business Category: Loan Resources, Financial Institutions

First State Bank - Loomis

211 Commercial St.
P.O. Box 230
Loomis, NE 68958
United States
(P) (308) 876-2451

Business Category: Loan Resources, Financial Institutions

First State Bank of Holdrege

401 East Avenue
PO Box 800
Holdrege, NE 68949
United States
(P) 308-995-4411

Business Category: Loan Resources, Financial Institutions

FirsTier Bank

229 W 4th Ave
Holdrege, NE 68949
United States
(P) 308-995-9595

Business Category: Loan Resources, Financial Institutions

Great Western Bank

424 West Ave
Holdrege, NE 68949
United States
(P) 995-6531

Business Category: Loan Resources, Financial Institutions

Home Federal

423 Garfield Street
Holdrege, NE 68949
United States
(P) (308) 995-8668

Business Category: Loan Resources, Financial Institutions

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