fbpx
Flexible, Responsible Capital to Build Your Business

Looking for a business loan, but can't get bank financing? We can help.

Sometimes even the most successful businesses struggle to get the capital they need to grow. MoFi is a nonprofit that helps entrepreneurs with financing when they can’t get all or part of what they need from a bank. Our business loans range from $1,000 to $2,000,000 and can be used for startup costs, existing business purchases, real estate, equipment purchases, working capital, debt restructure, and more.

Founded in Missoula in 1986, we make small business loans across Montana, Idaho, Wyoming, eastern Washington, and eastern Oregon.

Free business consulting to help you grow

All of MoFi’s borrowers receive a free, customized Path to Bankability plan. This consulting plan is designed to help borrowers gain critical skills that will help them build successful businesses and prepare for a long-term bank relationship. Consulting services can include accounting and bookkeeping support, credit-building plans, assistance with human resource policies that promote inclusive hiring and employee retention, marketing and PR, legal assistance, and ultimately, helping them successfuly apply for bank financing.

Our loans include:

  • Term loans or lines of credit
  • Flexible collateral and equity requirements
  • Stand-alone & bank-affiliated loans
  • Interest rates 2-3% points higher than current bank financing rates
  • Fees include closing costs, origination fee and a $200 application fee

Inquire about your business loan today

For more information about MoFi business lending, please contact Heidi DeArment at 1-844-728-9234 or email heidid@mofi.org.

Tell us about you

Small Business Loan Success Stories

Cheyenne company receives first MoFi business loan in Wyoming

Wyoming small business expands with business lending from MoFi.

Read More

Beloved Boise Barber Passes the Torch to Longtime Employee

Read More

Bigfork Pub Purchased by Employee

Read More

Experienced Treasure Valley Chef Opens Own Restaurant

Read More