CDBG Revolving Loan Fund

Economic Development

Economic Development

CDBG Revolving Loan Fund

Is your small business is having problems financing an expansion or major equipment purchase? We may be able to help.  The City of Livingston has partnered with the Prospera Business Network for the operation of the City of Livingston's economic development loan funds.  Financing is available for businesses located in and around Livingston for new, relocating or expanding businesses.  The City and the Prospera partner with area banks for business projects that create and retain employment.  Both private sector businesses and non-profit entities are eligible for funding.  Typical eligible business activities are land acquisition, construction, rehabilitation of commercial and industrial facilities, equipment, inventory or working capital.  Typical loans are between $10,000 and $200,000.  Loan terms are consistent with the projected use of funds and interest rates range from 5% to prime plus 1.5%. 

For more information on the CDBG Loan Program
Office of City Manager
Prospera Business Network 
Stuart R. Leidner, Executive Director
406-587-3113 

CEDS (Comprehensive Economic Development Strategy)
NRMEDD CEDS Survey
2014 Economic Profile of Gallatin &  Park Counties, Montana





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