Bear Paw Development has served since 1969 as a federally recognized and funded Economic Development District by the US Economic Development Administration. Being involved in a variety of projects, Bear Paw Development assists communities and businesses in the following departments: community planning, business lending, value-added agriculture, community development and small business counseling. Over the past five years, Bear Paw has coordinated the investment of more than $53.4 million in public and private funds to enhance our economy, create jobs and make our communities more sustainable.
At Bear Paw Development, we know that strong businesses make our district a better place to live and work. For over 20 years, we’ve provided loans to local entrepreneurs to help businesses grow and our economies prosper. Whether you are starting a new business or expanding a well-established one, Bear Paw Development offers loan services designed to help you reach your goal.
Entrepreneurs recognize great opportunities, but sometimes have trouble getting financing from a traditional bank to turn the opportunity into a reality for different reasons:
Your business is a start-up
You haven’t been in business very long
You’ve had a minor historical credit issue
You have limited equity or collateral
The business real estate may be contaminated
If any of the reasons listed above are preventing you from getting a conventional loan, Bear Paw Development can help.
We offer commercial loan services designed to help your business venture become a reality:
Loans up to $250,000
No prepayment penalties
Fixed interest rates
Flexibility on equity and collateral
Longer loan terms to help keep your payments low
48 Second Avenue - PO Box 170
Havre, MT 59501