The Purchase Area Development District lends to a wide range of businesses, from startups to multi-million-dollar expansion projects. We give each application personal consideration and offer flexible terms to fit your needs. The PADD has several financing programs available to help both new and established businesses grow.
The PADD Business Department has loan programs that allow businesses to seek financing for projects that range from $500 to $5 million. We can provide loan support for qualified businesses with loans for startups, existing businesses, and rural businesses.
Our loan programs support businesses with:
- Working capital needs
- Purchasing land, buildings, and/or equipment
- Business expansion and job creation
- Commercial real estate