MMCDC lends to businesses aimed at improving their communities through the creation of greater financial opportunities for residents. Whether you’re a veteran business owner or just starting your business, when you work with MMCDC, it’s easy to see why you can achieve success:

Among being able to offer low interest rates and flexible terms based on your individual situation, we also put together personal business lending packages based on your needs and qualifications.

Through MMCDC, eligible business owners are granted access to a number of loan programs that traditional lenders can’t always offer. These programs feature low–and often fixed–interest rates, reduced closing costs and minimal down payments, so you need less money at closing.

For businesses impacted by COVID-19, we are offering our own MMCDC Small Business Emergency Loan in addition to state and federal resources that are available. The loan has its own application and fast approval process.

New Markets Tax Credit
Our New Markets Tax Credit (NMTC) Financing is just one of the programs available to our customers. Learn more about New Markets Tax Credit Financing.

Women In Business
And if you are a woman thinking of starting or expanding a business, click on this link to our Women in Business page for helpful information and resources, including a free online-business course designed for women. For a preview of “DreamBuilder: The Women’s Business Creator,” view the video below.

Check out our handy Business Loan Checklist.

Helpful Resources & Links
Small Business Development Center – Moorhead
M State Business Management, Marketing and Sales Programs – Detroit Lakes
TG/ED/VO Small Business Procurement Program
Work Opportunity Tax Credit
View the “Inventory of Economic Development Programs,” on the Minnesota Department of Employment and Economic Development website. Publications are listed in alphabetical order.


This institution is an equal opportunity provider and employer.

If you wish to file a Civil Rights program complaint of discrimination, complete the USDA Program Discrimination Complaint Form, found online at , or at any USDA office, or call (866) 632-9992 to request the form. You may also write a letter containing all of the information requested in the form. Send your completed complaint form or letter to us by mail at US Department of Agriculture, Director, Office of Adjudication, 1400 Independent Avenue, S.W., Washington, D.C. 20250-9410, by fax (202) 690-7442 or email at

The Experts

Nicole Kirchner
Vice President of Business Development
Tim Swenson
Manager of New Markets Tax Credit Financing
Shad Tappe
New Markets Tax Credit Loan Officer