MMCDC is one of the largest nonprofit lenders in Minnesota. We lend 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. Learn more about our Community-Builder Microloans.

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.

Check out our handy Business Loan Checklist.

Small Business Development Center – Moorhead

M State business and entrepreneurial services – detroit lakes


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