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
  • Up to $1,000 grant to establish or enhance online presence
  • For businesses operating from a storefront or fixed location in Phelps County
  • SUSPENDED

Business & Franchise Development Program

Program
  • Reimbursement grant for costs of facility build-out, remodeling, equipment, initial rent or deposits up to $5,000
  • Grant for demolition, landfill, and permitting fees up to $1,000 government agencies
  • Grant for initial inventory up to $1,000
  • Grant for digital, electronic, and online support up to $1,000
  • 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
  • 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 exterior appearance and branding of buildings.
  • Limited funds are available and may be applied to projects that are impactful within corporate boundaries of any Phelps County municipality, or in other strategically important location at the staff's discretion.
  • Grants are for materials and professionally performed labor.
  • Click here for Guidelines & Application

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

Gap Financing Loans may be used for:

  • Low interest short-term loans (1 – 3 years) to help existing businesses expand their customer base, inventory or to improve operations.
  • 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.

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

Rural Enterprise Assistance Project - REAP Loans

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

Contact Becky Parker, Loan Specialist - Central Region
Ph: (308) 534-3508
Email: beckyp@cfra.org

 

Brown Construction

1616 30th Avenue
Kearney, NE 68845
US
(P) (308) 338-1212

Business Category: Contractors, Builders Bureau

Bruce Furniture & Floor Covering

322 East Ave
Holdrege, NE 68949
US
(P) (308) 995-5552

Business Category: Contractors, Builders Bureau

Bruning Bank

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

Business Category: Loan Resources, Financial Institutions

Central Valley Electric

1625 E Hwy 6
Holdrege, NE 68949
US
(P) (308) 995-2123

Business Category: Contractors

City of Holdrege City Administrator

502 East Avenue
PO BOX 436
Holdrege, NE 68949
US
(P) (308) 995-8681

Business Category: Contractors, Builders Bureau

City of Holdrege Municiple Services

502 East Avenue
PO BOX 436
Holdrege, NE 68949
US
(P) (308) 995-8681

Business Category: Contractors, Builders Bureau

Duncan-Theis Construction

1740 W Highway 40
Kearney, NE 68845
US
(P) 308 234-6285

Business Category: Contractors, Builders Bureau

Durable Service, Inc.

306 Garfield Street
Holdrege, NE 68949
US
(P) 308-995-8177

Business Category: Contractors, Builders Bureau

First State Bank - Bertrand

601 Minor Avenue
P.O. Box 7
Bertrand, NE 68927
United States
(P) 308-472-3411

Business Category: Financial Institutions

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