Welfare Info

Indian Loan Guaranty, Insurance, and Interest Subsidy Program

The purpose of the program is to assist in obtaining financing from private sources to promote business development initiatives that contribute to the economy of the reservation or service area....

What is Indian Loan Guaranty, Insurance, and Interest Subsidy Program?

The purpose of the program is to help Indian-owned businesses obtain commercially-reasonable financing from private sources. The Division of Capital Investment manages the Indian Loan Guaranty, Insurance, and Interest Subsidy Program which breaks through the conventional barriers to financing for tribes and individual Indians. The loan program helps facilitate loan financing for borrowers that would not be able to do so otherwise. The Division helps secure reasonable interest rates and reduces risks for all parties involved to promote economic development on or near an Indian community's reservation or service area.

Program Requirements

In order to qualify for this benefit program, you must be one of the following:

  • An individually enrolled member of a Federally recognized American Indian tribe or Alaska Native group
  • A corporation, limited liability company or other acceptable business entity with no less than 51 percent ownership by Federally recognized American Indians or Alaska Natives.
  • A Federally recognized American Indian Tribe or Alaska Native group.

Application Details

What is the application process for Indian Loan Guaranty, Insurance, and Interest Subsidy Program?

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