Building a Strong Foundation for the Future of Our Region
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Spring 2015 |
Business Finance Program News
Northland Foundation Board of Trustees approves $562,000 to six organizations in the region
Northland Foundation recently approved a six loans totaling $562,000 to support economic growth and help organizations in the region to create jobs. Financing recipients are:
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PureDriven, LLC, Two Harbors
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Mission Creek Contracting, Inc., Duluth
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Superior Trading Properties, LLC, Duluth
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Van Technologies, Inc., Duluth
The following entrepreneurial nonprofits received Quick Turn Loans which are made in partnership with the borrower's bank.
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American Indian Community Housing Organization, Duluth
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One Roof Community Housing, Duluth
Through the Business Finance Program, the Northland Foundation offers flexible financing options for new or existing businesses and nonprofit organizations in northeastern Minnesota as well as Superior/Douglas County, Wisconsin. Many financing projects include partnering with a bank or other financial institution to provide the total level of financing a client needs.