South Dakota Financing

We can help!

We know that available financing is critical for your company to grow and prosper. That's why our business financing programs are designed with you in mind. From revolving loan funds to workforce development grants, we're sure we have one that's right for you:

• Revolving Economic Development & Incentive (REDI) Fund – Provides permanent financing for land, building, machinery and equipment and associated installation costs.
  
• Small Business Administration (SBA) 504 – Offers long-term, fixed-rate financing on fixed asset purchases to all for-profit businesses.
  
• Agricultural Processing & Exporting (APEX) Fund – Assists companies that add value to agricultural products through processing or exporting out-of-state.
  
• MicroLOAN SD – Offers access to working capital for small enterprises and may be used for fixed assets.
  
• Bond Financing – Provides small businesses with access to the public bond market.
  
• Value-Added Ag Subfund – Available for feasibility and marketing studies for value-added agricultural projects.
  
• Workforce Development Training – Provides matching grants to assist companies with up to 50% of eligible training expenses.
  
• Community Development Block Grant (CDBG) – Provides matching grants to local governments, municipalities and counties. 

Have a question about South Dakota’s business financing programs? Contact our team. Contact the South Dakota Governor’s Office of Economic Development