The Regional Investment Fund is designed to finance companies that are expanding in Eastern Idaho. This fund serves both small and large businesses. The funds may be used to fund operating capital, real property, equipment, inventory, start-up costs, or other appropriate costs. The funds may be used to finance retail operations in limited rural areas of the region (see the Rural Retail Loan Program).
There are no maximum investment amounts. Rates will never be less than Prime and are typically several points higher than Prime depending on risk. Terms are dependent on the use of funds but typically extend from three to seven years.
Businesses located in Bannock, Bingham, Bonneville, Butte, Custer, Jefferson, or Madison counties may apply. Please refer to the application for complete details of requirements and restrictions.